Search: interest rate

Sort by: Relevance Date
1–5 of 5 collapsed search results for interest rate
Did you mean interest rates?

RBA Glossary definition for interest rate

interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.

Search Results

Appendix A: A Small Macroeconomic Model of Australia

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
f. is the G3 real interest rate. ... where the equilibrium G3 real interest rate is 2 per cent and the equilibrium world inflation rate is 2.5 per cent.
https://www.rba.gov.au/publications/rdp/2002/2002-01/appendix-a.html

Evidence from a Small Empirical Macro Model

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
The real exchange rate is explained by movements in the terms of trade and real interest rate differentials. ... The standard deviation of the quarterly interest rate changes ranges between 2 and 5 per cent per annum.
https://www.rba.gov.au/publications/rdp/2002/2002-01/evidence-from-a-small-empirical-macro-model.html

Which Inflation Rate to Target in an Open Economy?

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
The third equation implies that the exchange rate appreciates in response to a rise in domestic interest rates. ... The policy-maker can thus successfully stabilise the inflation rate, but at the cost of inducing additional volatility in output, as
https://www.rba.gov.au/publications/rdp/2002/2002-01/which-inflation-rate-to-target-in-an-open-economy.html

References

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
Lowe P and L Ellis (1997), ‘The Smoothing of Official Interest Rates’, in P Lowe (ed), Monetary Policy and Inflation Targeting, Reserve Bank of Australia, Sydney, pp 286–312. ... McCarthy J (1999), ‘Pass-through of Exchange Rates and Import
https://www.rba.gov.au/publications/rdp/2002/2002-01/references.html

Introduction

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
a measure of non-traded, or ‘domestic’, inflation rather than the aggregate inflation rate. ... We examine the trade-off both in the context of optimal policy-making and assuming policy-makers use a Taylor-type rule to set interest rates.
https://www.rba.gov.au/publications/rdp/2002/2002-01/introduction.html