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The Reserve Bank of Australia held its cash rate at 0.75 per cent at its December 2019 meeting. The statement said global risks remain tilted to the downside while the economy appears to have reached a gentle turning point.
Steady Australian rates support the Aussie currency but have no meaningful direct impact on feed commodity supply or prices.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaDec 3, 2019Not 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.
