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
Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
higher nominal interest rate structure. ... We also need to question whether the real interest rate structure has shifted lower permanently, because of permanently lower trend growth say, which would also shift down the nominal rate structure
https://www.rba.gov.au/publications/confs/2018/debelle.html
Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018
12 Apr 2018
Conferences
Domestic lending, the most sensitive to domestic interest rates, was not the main source of the problem. ... Suppose, for example, that inflation is much too low but the monetary policymaker believes the zero lower bound on nominal interest rates has
https://www.rba.gov.au/publications/confs/2018/broadbent.html
The Evolving Structure of the Australian Financial System | Conference – 1996
9 Jul 1996
Conferences
to money-market rates and this means that the difference between the two is likely to be largest at the bottom of the interest rate cycle. ... Another factor influencing this relative cost of funds in the past few years has been the decline in inflation
https://www.rba.gov.au/publications/confs/1996/edey-gray.html
Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018
12 Apr 2018
Conferences
where the nominal interest rate i set in period t is a function of the rate in period t 1 and α measures how the central bank responds to shocks that ... Third, in an extreme crisis when real interest rates may need to fall sharply to stabilise falling
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html
Money and Finance | Conference – 1990
21 Jun 1990
Conferences
In this approach, a variety of indicators would be considered including the rate of inflation, the exchange rate, interest rates, the balance of payments, the state of the economy and monetary ... Changes in the nominal interest rates on bonds and
https://www.rba.gov.au/publications/confs/1990/milbourne.html
Decomposing Supply and Demand Driven Inflation
23 Nov 2023
Conferences
PDF
1508KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-shapiro.pdf
Fiscal, Monetary and Macroprudential Regimes: Incentives-Values Compatibility in Constitutional Democracies
28 Dec 2022
Conferences
PDF
375KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-tucker.pdf
Taming the Real Estate Beast: The Effects of Monetary and Macroprudential Policies on Housing Prices and Credit | Conference – 2012
20 Aug 2012
Conferences
The equality is expressed as:. where R/P is the rent-to-price ratio, i is the relevant nominal interest rate, δ is the rate of physical depreciation, σ is the ... To give a sense of how these policies have been implemented in practice, Figures 2 to 4
https://www.rba.gov.au/publications/confs/2012/kuttner-shim.html
Monetary and Fiscal Institutional Arrangements: Have We Got Them Backwards?
29 Dec 2022
Conferences
PDF
202KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-leeper-presentation.pdf
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low?
10 Feb 2020
Conferences
PDF
1690KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-borio-hofmann.pdf