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Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Members commenced their discussion of the global economy by observing that high inflation remained the key challenge facing central banks around the world. While core inflation had gradually moderated in most advanced economies in year-ended terms, monthly observations had edged higher in the United States and Canada. The persistence in core inflation had been driven by core services prices; core goods price inflation had moderated, and prices had declined in the United States and the United Kingdom over preceding months. Rising energy prices had seen headline inflation pick up in a number of countries over the prior ... (full story)
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<AUD=>:*RBA CONSIDERED HIKE OR HOLD, DECIDED PAUSE CASE WAS STRONGER
— Cable FX Macro (@cablefxmacro) October 17, 2023
*RBA: A$ MOVES IN RECENT MONTHS EASE MONET. CONDITIONS AT MARGIN
*RBA: PRIOR TO NOV. MEETING WILL HAVE JOBS, CPI, STAFF FORECASTS
*RBA: CHALLENGES IN CHINESE ECONOMY COULD SLOW AUSTRALIA GROWTH
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RBA: MEMBERS ACKNOWLEDGED UPSIDE RISKS TO INFLATION WERE A "SIGNIFICANT CONCERN"
— First Squawk (@FirstSquawk) October 17, 2023