RBA Minutes: Central scenario is conditions for rate rise will not be met until 2024

The RBA Minutes September meeting are released and the central scenario is conditions for rate rise will not be met until 2024.

Key notes to follow...

AUD/USD reaction

AUD/USD is a touch lower on the release considering the dovish tilt but remains within the session's range of between 0.7241 and 0.7266.

AUD/USD Price Analysis: RBA Minutes in focus, break of 0.7220s eyed

About RBA minutes

The Reserve Bank of Australia (RBA) publishes the minutes of its monetary policy meeting two weeks after the interest rate decision is announced. It provides a detailed record of the discussions held between the RBA’s board members on monetary policy and economic conditions that influenced their decision on adjusting interest rates and/or bond buys, significantly impacting the AUD. The minutes also reveal considerations on international economic developments and the exchange rate value.