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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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Internationalisation and the Macroeconomy

12 Feb 2007 Conferences PDF 239KB
RBA Conference Volume 1994
https://www.rba.gov.au/publications/confs/1994/pdf/gruen-shuetrim.pdf

Gazing at r*: A Hysteresis Perspective

29 Dec 2022 Conferences PDF 1071KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-beaudry-kartashova-meh-presentation.pdf

Twenty-five Years of Inflation Targeting in Australia

10 Feb 2020 Conferences PDF 1473KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-debelle.pdf

Designing Inflation Targets

7 Dec 2006 Conferences PDF 120KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/haldane.pdf

Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years?

10 Feb 2020 Conferences PDF 1677KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-mckibbin-panton.pdf

Three Perspectives on an Australasian Monetary Union

26 Nov 2006 Conferences PDF 214KB
RBA Conference Volume 2001
https://www.rba.gov.au/publications/confs/2001/pdf/coleman.pdf

Measuring Global Interest Rate Comovements with Implications for Monetary Policy Interdependence

29 Dec 2022 Conferences PDF 495KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-fry-mckibbin-mckinnon-martin.pdf

Monetary Policy and Financial Stability in a World of Low Interest Rates

18 Dec 2017 Conferences PDF 8052KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017.pdf

The Evolution of Monetary Policy: From Money Targets to Inflation Targets

7 Dec 2006 Conferences PDF 533KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/grenville.pdf

r*: Definition, Uses, Measurement, and Drivers

28 Dec 2022 Conferences PDF 1238KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-del-negro-presentation.pdf