# 1 August 2017 | Minutes of the Monetary Policy Meeting of the Board | RBA

> The minutes of the RBA's 1 August 2017 monetary policy meeting show the board discussing June quarter inflation, which was in line with expectations at about 2 per cent year-ended. Members also reviewed rents, housing construction costs and labour cost trends.

- Date: 2017-08-01 · published 2017-08-01T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/69698-1-august-2017-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 inflation outlook shapes expectations for rate policy and therefore the Australian dollar; the discussion has little direct effect on feed grain or protein prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- rba.gov.au: https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-08-01.html

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