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The Reserve Bank of Australia published minutes from its 5 September 2023 policy meeting. Board members noted that headline inflation was easing in most economies, though recent rises in some food and energy prices posed upside risks.
Core services inflation remained high in advanced economies.
Persistent inflation and higher rates in advanced economies tighten financial conditions and can strengthen the dollar, which pressures dollar-priced commodities. Food and energy price rises flagged by the RBA could also feed into input costs for feed.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaSep 5, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
