
Reserve Bank of Australia Deputy Governor Andrew Hauser said inflationary pressures remained high during a lecture at the Australian National University. He also said consumption growth had held up better than expected and described the board’s discussions at its latest meeting as lively.
Persistent inflation and resilient consumption could support expectations of tighter Australian monetary policy, which may underpin the Australian dollar. A firmer currency could reduce the local cost of imported feed, though the remarks do not change commodity supply directly.
Not 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.