# 3 September 2019 | Minutes of the Monetary Policy Meeting of the Board | RBA

> The Reserve Bank of Australia's minutes from its 3 September 2019 board meeting describe a subdued global manufacturing outlook and an escalating US-China trade and technology dispute. Members noted that US inflation had increased in recent months and that downside risks to the global outlook had intensified.

- Date: 2019-09-03 · published 2019-09-03T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/57336-3-september-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

The RBA's view of rising US-China trade risks points to weaker global demand for commodities and supports further easing, which tends to weaken the Aussie currency.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- rba.gov.au: https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-09-03.html

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