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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Appendix C: The Effect of Different Interest Rate Assumptions
1 Feb 1998
RDP
9803
The right-hand panel shows how nominal interest rates respond to this shock when policy-makers use a Taylor-type rule, responding to inflation and output forecasts four periods ahead, with ... If policy-makers are assumed to keep real, rather than nominal
https://www.rba.gov.au/publications/rdp/1998/1998-03/appendix-c.html
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The Australian Experience
1 Jul 1990
RDP
9002
The second period of domestic interest rates above world interest rates began in 1981/82 and corresponded to a period of nominal exchange rate depreciation against the U.S. ... The fall in interest rates during 1987 corresponds to a period of nominal
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html
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Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
22 Dec 2023
RDP
2023-09
nmbi: non-mining business investment – ABS national accounts. btcs: Beckers (2020) shock measure, not accounting for cash rate expectations. ... cr: cash rate changes – RBA statistical table F1.1 Interest Rates and Yields – Money Market – Monthly.
https://www.rba.gov.au/publications/rdp/2023/2023-09/read-me.html
Appendix D: Glossary and Data
31 Dec 2005
RDP
2005-11
All levels variables are expressed in logs except: interest rates, bond market inflation expectations and the tariff rate series trf (which are expressed as decimals); together with the Southern Oscillation Index. ... Source: Export price indices and
https://www.rba.gov.au/publications/rdp/2005/2005-11/appendix-d.html
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How Risky is Australian Household Debt?
25 Aug 2020
RDP
2020-05
consumption, debt, financial markets, financial stability, households, households, income and wealth, interest rates, modelling, money. ... In particular: fundamental factors (higher real incomes, a fall in nominal interest rates, financial
https://www.rba.gov.au/publications/rdp/2020/2020-05.html
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Conclusions
31 Dec 1977
RDP
1977-06
This is not to deny that market forces have influenced nominal interest rates; indeed, the bond rate reaction function allows for adjustment towards a target rate determined by the monetary growth ... similar way as the standard RBA76 model in which the
https://www.rba.gov.au/publications/rdp/1977/7706/conclusions.html
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The Rise in Household Liquidity
10 Nov 2021
RDP
2021-10
Specifically, disinflation and falling real interest rates have increased housing prices and housing deposits, and have also made it easier to amortise existing debt. ... The relevant interest rate is derived from RBA statistical table ‘F5 Indicator
https://www.rba.gov.au/publications/rdp/2021/2021-10/full.html
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Data Appendix
1 Sep 1991
RDP
9108
Real interest rates are calculated by adjusting annualised nominal interest rates for annualised inflationary expectations. ... Short Nominal Interest Rates. US, UK, Japan and Germany – 3 month Eurocurrency rates taken at last trading day of month from
https://www.rba.gov.au/publications/rdp/1991/9108/data-appendix.html
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Scenario Analysis
31 Dec 2014
RDP
2014-11
The model suggests that Australian nominal interest rates would have been considerably higher if the nominal exchange rate had not appreciated, reflecting higher domestic inflation. ... Higher inflation and stronger economic growth would have translated
https://www.rba.gov.au/publications/rdp/2014/2014-11/sce-analysis.html
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Appendix B: Data
31 Dec 2001
RDP
2001-05
To calculate real interest rates, we use quarterly nominal interest rates and quarterly consumer price indices. ... The bilateral series used in estimation, for both short and long rates, is the natural logarithm of the standard deviation of the real
https://www.rba.gov.au/publications/rdp/2001/2001-05/appendix-b.html
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