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The minutes of the RBA's 1 November 2022 board meeting describe members' discussion of high inflation abroad, weaker global growth outlooks, and falling euro area gas prices. They also cover domestic demand and the reasoning behind the rate decision.
The minutes reinforce expectations for further tightening, a macro backdrop that can firm the AUD with little direct effect on feed prices.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaNov 1, 2022Not 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.
