• These are the Minutes from the September 2nd meeting coming up
  • The official cash rate was left unchanged at 2.5%
  • For the thirteenth consecutive month (and expect that to contue for quite some time, K?)
  • Expect more of the same from the minutes – AUD high given the decline in commodity prices etc.
  • I don’t expect any surprises
  • Note- the AUD has fallen since the minutes, it was still high (well, higher than it is now) at the time