Search: basis point
RBA Glossary definition for basis point
basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.
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Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
I will return to this point later in discussing some of the current challenges. ... But inflation was still at its post-recession lows of 2 per cent when the RBA increased the cash rate by 275 basis points in three moves over the second half
https://www.rba.gov.au/publications/confs/2018/debelle.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
Monetary Policy and Financial Stability | Conference – 2017
16 Mar 2017
Conferences
At that point, the probability is reduced by 0.04 to 0.3 percentage points following a 100 basis point interest rate hike for a year, given the range of effects ... Meanwhile, the earlier analysis suggested that a 100 basis point increase in rates is
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli.html
A Snapshot of Inflation Targeting in its Adolescence
27 Nov 2006
Conferences
PDF
283KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/kuttner.pdf
A Perspective on Monetary Policy Transparency and Communication
27 Nov 2006
Conferences
PDF
216KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/edey-stone.pdf
The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
Thereafter, however, the spread remained relatively stable (at 180 basis points) until the start of 2008 when banks adjusted rates to widen the spread over the official cash rate, reflecting higher ... Another mechanism was by way of compression of bank
https://www.rba.gov.au/publications/confs/2011/davis.html
The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
Interest rates were raised by some 200 basis points in April/May 1988 (historically, a very large initial increase) and this was the start of a process which, over the next ... market would accept, in terms of rate reductions (. Annual Report. 1992, pp.
https://www.rba.gov.au/publications/confs/1997/grenville.html
A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
Given FAVAR parameter estimates, we calculate impulse response functions (IRFs) for a surprise 25 basis point increase in the OCR, with reported 95 per cent confidence bands based on 500 bootstrap ... The OCR increases 25 basis points on impact, by
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html
Competition, Markups, and Inflation: Evidence from Australian Firm-level Data
23 Nov 2023
Conferences
PDF
1757KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-champion-edmond-hambur.pdf
The Smoothing of Official Interest Rates | Conference – 1997
21 Jul 1997
Conferences
change in policy rates. Ratio of continuations to reversals. Absolute size of changes (average basis points). ... If official interest rates were moved by only a few basis points at a time, the changes would be on the business pages of the newspapers,
https://www.rba.gov.au/publications/confs/1997/lowe-ellis.html