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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Low Interest Rates and Bank Profitability – The International Experience So Far
17 Jun 2021
Bulletin
– June 2021
This article discusses the effect that low interest rates may have on bank profits, and reviews the experience of banks in economies that have had very low interest rates for an extended period.
https://www.rba.gov.au/publications/bulletin/2021/jun/low-interest-rates-and-bank-profitability-the-international-experience-so-far.html
Statement on Monetary Policy
10 May 2003
Bulletin
– May 2003
The only industrial country increasing interest rates is Canada. The Bank of Canada raised its policy interest rate by a further 50 basis points to 3.25 per cent in two ... Interest rates have been broadly stable at low levels in Asian emerging markets.
https://www.rba.gov.au/publications/bulletin/2003/may/1.html
Statement on Monetary Policy
10 May 2002
Bulletin
– May 2002
The latter has been boosted by low interest rates and rising house prices, as well as an historically low unemployment rate. ... This is the highest rate of issue since the mid 1990s when interest rates also favoured Australian investments.
https://www.rba.gov.au/publications/bulletin/2002/may/1.html
Expectations and the Neutrality of Interest Rates
27 Nov 2023
Conferences
PDF
477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf
Discussion on The Smoothing of Official Interest Rates | Conference – 1997
21 Jul 1997
Conferences
However, worth noting at the outset is that the theoretical justification for penalising the change in the official short-term nominal interest rate in the loss function is not so clear. ... Does smoothing of official interest rates mean that the
https://www.rba.gov.au/publications/confs/1997/lindsey-disc.html
Statement on Monetary Policy
10 Aug 2003
Bulletin
– August 2003
On its own, this outlook does not present a strong case for interest rates to be lower than they currently are. ... Nominal interest rates are at historical lows and new fiscal measures have shifted the budget into a sizeable deficit.
https://www.rba.gov.au/publications/bulletin/2003/aug/1.html
The Movement of Interest Rates
18 Oct 2001
Bulletin
PDF
78KB
So if the people askingus to adopt US interest rates are really arguingfor a change of exchange rate regime, thenthere is no dispute that it could probablytechnically be done. ... If, on the other hand, someone is arguingfor adopting US interest rates
https://www.rba.gov.au/publications/bulletin/2001/oct/pdf/bu-1001-3.pdf
Discussion on Recent Thinking About Exchange Rate Determination and Policy | Conference – 1993
12 Jul 1993
Conferences
This being said, it is relevant to emphasise two important caveats to the proposition that nominal exchange rate changes tend to induce roughly equivalent changes in real exchange rates. ... In this context, it was noted that the countries with a high
https://www.rba.gov.au/publications/confs/1993/mussa-disc.html
September | 2023
21 Sep 2023
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/sep/
Banks' Funding Costs and Lending Rates
10 Mar 2012
Bulletin
– March 2012
Interest rates on transaction accounts have not fallen in line with the cash rate as many only pay very low nominal interest rates. ... Accordingly, interest rates on business and housing variable-rate loans tended to adjust in line with the cash rate.
https://www.rba.gov.au/publications/bulletin/2012/mar/5.html