RBA Minutes: Rise in AUD would slow inflation and growth
The Reserve Bank of Australia (RBA) is out with its June monetary policy minutes, with the key headlines found below.
The rise in AUD would slow inflation and growth.
More to come …
Key Notes:
AUD/USD Technical Analysis: new US tariff threats kick the Aussie into a one-year low
US policy a "source of menace" for the AUD - ING
About RBA Minutes:
The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.