# 5 November 2019 | Minutes of the Monetary Policy Meeting of the Board | RBA

> The Reserve Bank of Australia's November 5 board minutes described slowing growth among major trading partners, with forecasts revised down partly due to escalating US-China trade and technology disputes. Members judged that inflation remained below target and that policy settings would depend on the economic outlook.

- Date: 2019-11-05 · published 2019-11-05T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56327-5-november-2019-minutes-of-the-monetary-policy-meeting-of-the-board-rba
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Expectations of lower Australian rates weigh on the Aussie dollar, which affects Australian export competitiveness for grains and meat. The trade-dispute drag on global growth also dampens commodity demand.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- rba.gov.au: https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-11-05.html

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