Search: Nominal interest rate
RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
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.
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5 April 2022 | Minutes of the Monetary Policy Meeting of the Board
19 Apr 2022
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-04-05.html
7 March 2023 | Minutes of the Monetary Policy Meeting of the Board
21 Mar 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 March 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-03-07.html
2 May 2023 | Minutes of the Monetary Policy Meeting of the Board
16 May 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-05-02.html
4 April 2023 | Minutes of the Monetary Policy Meeting of the Board
18 Apr 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html
Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? | Conference – 2003
18 Aug 2003
Conferences
Monetary Conditions Indices (MCIs) that weight together nominal interest rates and the exchange rate are often used to indicate whether monetary conditions have changed, on the argument that a fall in ... the exchange rate – seen as a monetary variable
https://www.rba.gov.au/publications/confs/2003/bean.html
The Objectives for, and Conduct of, Monetary Policy in the 1990s | Conference – 1992
21 Jun 1990
Conferences
In the long term, nominal interest rates will be determined by real (international) forces and the expected rate of inflation.). ... Hence, in order to raise real interest rates, nominal interest rates must be raised significantly more than the prior
https://www.rba.gov.au/publications/confs/1992/goodhart.html
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
The rise in indebtedness was, in part, made possible by the fall in nominal interest rates in the early 1990s. ... Relatively low nominal interest rates meant that interest-servicing burdens were low for much of the decade.
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
Which Monetary-policy Regime for Australia? | Conference – 1997
21 Jul 1997
Conferences
Taylor Rule:. where:. i = nominal interest rate;. r = real interest rate;. ... Gagnon, J. and D. Henderson (1990), ‘Nominal Interest Rate Pegging under Alternative Expectations Hypotheses’, in P.
https://www.rba.gov.au/publications/confs/1997/mckibbin.html
2 April 2024 | Minutes of the Monetary Policy Meeting of the Board
2 Apr 2024
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html
The Rise in US Household Indebtedness: Causes and Consequences | Conference – 2007
20 Aug 2007
Conferences
In particular, when inflation is lower the same real interest rate will be associated with a lower nominal interest rate, which means that the ratio of nominal interest payments to nominal ... Thus, the average interest rate on household debt responds
https://www.rba.gov.au/publications/confs/2007/dynan-kohn.html