# Statement by Philip Lowe, Governor: Monetary Policy Decision - December 2019 | Media Releases | RBA

> 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.

- Date: 2019-12-03 · published 2019-12-03T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/55813-statement-by-philip-lowe-governor-monetary-policy-decision-december-2019-media
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Steady Australian rates support the Aussie currency but have no meaningful direct impact on feed commodity supply or prices.

## Sources

- rba.gov.au: https://www.rba.gov.au/media-releases/2019/mr-19-33.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.