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.
Search Results
Statement on Monetary Policy
10 Feb 2001
Bulletin
– February 2001
In addition, interest rates have increased, which will have reduced funds available for household spending of a discretionary nature. ... In Japan, overnight rates were raised in August 2000 thereby terminating the extraordinary ‘zero interest rate
https://www.rba.gov.au/publications/bulletin/2001/feb/1.html
Appendix D: Augmented Dickey-Fuller Tests on 3-Month Nominal Interest Differentials
1 Jun 1993
RDP
9307
RDP 9307: Explaining Forward Discount Bias: Is it Anchoring? Appendix D: Augmented Dickey-Fuller Tests on 3-Month Nominal Interest Differentials. ... τ. p. τ. )/θ, with τ measured in 4-week periods) the chosen value of λ minimises the mean squared
https://www.rba.gov.au/publications/rdp/1993/9307/appendix-d.html
See 10 more results from "RDP 9307"
Statement on Monetary Policy
10 Nov 2001
Bulletin
– November 2001
To be sure, Australian interest rates are now noticeably above those in the US. ... In these countries, nominal interest rates are at low levels, generally in the range of 1–4 per cent.
https://www.rba.gov.au/publications/bulletin/2001/nov/1.html
Estimates of λ by Decade and the Liquidity Constrants Interpretation
1 Sep 1992
RDP
9209
Unless nominal interest rate effects are controlled for, variations in the imperfectly measured real rates could capture liquidity constraint effects coming from changes in nominal rates. ... However, for the United States, nominal interest rate
https://www.rba.gov.au/publications/rdp/1992/9209/estimates-of-by-decade-and-the-liquidity-constrants-interpretation.html
See 5 more results from "RDP 9209"
Appendix A: Data Sources
1 Nov 1996
RDP
9608
Real interest rates for the exchange rate section are calculated by deflating the interest rate by a corresponding measure of four-quarter-ended inflation. ... The world yield curve is measured as the difference between short and long nominal world
https://www.rba.gov.au/publications/rdp/1996/9608/appendix-a.html
See 10 more results from "RDP 9608"
Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
Semi-Annual Statement on Monetary Policy
10 May 1998
Bulletin
– May 1998
money. The low interest rate environment and good company profitability have supported the US share market. ... This is because arbitrage by market participants works to ensure that three-month interest rates reflect the expected average cash rate over
https://www.rba.gov.au/publications/bulletin/1998/may/2.html
The Neutral Interest Rate
10 Feb 2020
Bulletin
September Quarter 2017
PDF
1033KB
https://www.rba.gov.au/publications/bulletin/2017/sep/pdf/bu-0917-2-the-neutral-interest-rate.pdf
References
21 Jun 2023
RDP
2023-05
Brunnermeier MK and Y Koby (2018), ‘The Reversal Interest Rate’, NBER Working Paper No 25406. ... Lopez JA, AK Rose and MM Spiegel (2020), ‘Why Have Negative Nominal Interest Rates Had Such a Small Effect on Bank Performance?
https://www.rba.gov.au/publications/rdp/2023/2023-05/references.html
See 15 more results from "RDP 2023-05"
Semi-Annual Statement on Monetary Policy
10 Nov 1997
Bulletin
– November 1997
As a result, the three reductions in official interest rates during 1996 have been followed by two further declines since the first. ... Markets assessed that the authorities in Hong Kong would resist any change in the exchange rate despite the loss of
https://www.rba.gov.au/publications/bulletin/1997/nov/2.html