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The RBA minutes from its 4 October 2022 meeting show board members saw high core inflation in advanced economies and discussed the effects of European energy support packages. Members noted that European gas and coal prices had fallen over the prior month.
Rate expectations and currency moves from central bank deliberations affect the dollar and imported input costs, but the minutes give little direct price signal for feed commodities.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaOct 4, 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.
