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The Reserve Bank of Australia held its cash rate at 1.50 per cent on 4 September 2018. The statement said global expansion continues, that US trade policy is a key uncertainty, and that the US dollar has broadly appreciated this year.
Steady Australian rates and a firm US dollar keep the Aussie under pressure, which can influence Australian import costs and the pricing of exported grain and meat.
rba.gov.auscheme=AGLSTERMS.AglsAgent, corporateName=Reserve Bank of AustraliaSep 4, 2018Not 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.
