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RBA Glossary definition for Statement on Monetary Policy

Statement on Monetary Policy – The Reserve Bank of Australia (RBA) issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary Policy and the Quarterly Reports on the Economy and Financial Markets, which were previously issued by the RBA.

RBA Glossary definition for monetary policy

monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.

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The Consequences of Low Interest Rates for the Australian Banking Sector

21 Dec 2022 RDP 2022-08
Anthony Brassil
In a stylised macro model designed to determine the effectiveness of monetary policy at low interest rates (including unconventional policies), an expansionary unconventional policy that reduces 10-year yields by 100 ... monetary policy to lending rates
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html

References

21 Dec 2022 RDP 2022-08
Anthony Brassil
Dowling S and S Printant (2021), ‘Monetary Policy, Liquidity, and the Central Bank Balance Sheet’, RBA Bulletin, June. ... RBA (2020), ‘Box D: Recent Growth in the Money Supply and Deposits’, Statement on Monetary Policy, August.
https://www.rba.gov.au/publications/rdp/2022/2022-08/references.html