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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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Discussion of Inflation and Interest Rates

27 Nov 2023 Conferences PDF 230KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane-discussion-presentation.pdf

The Economics of Low Interest Rates

29 Dec 2022 Conferences PDF 1053KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-mian-presentation.pdf

Optimal Monetary Policy when Expectations are Rational, Fixed, Learned, or Anything in Between

19 Dec 2023 Research Workshop PDF 410KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-presentation-brassil.pdf

Discussion of Fiscal, Monetary and Macroprudential Regimes: Incentives-Values Compatibility in Constitutional Democracies and Global Trends …

29 Dec 2022 Conferences PDF 84KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-tucker-del-negro-discussion.pdf

Central Bank Frameworks: Evolution or Revolution?

4 Jan 2023 Conferences PDF 7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf

4 July 2023 | Minutes of the Monetary Policy Meeting of the Board

18 Jul 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-07-04.html

Competition and the Phillips Curve

19 Dec 2023 Research Workshop PDF 833KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-fujiwara-matsuyama.pdf

Discussion of The Smoothing of Official Interest Rates

7 Dec 2006 Conferences PDF 25KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/lindsey-disc.pdf

Recent Thinking About Exchange Rate Determination and Policy | Conference – 1993

12 Jul 1993 Conferences
Paul Krugman
of nominal exchange rate changes, and the role of real exchange rates in the trade balance. ... The evidence on the real effects of nominal exchange rate changes is, at first sight, overwhelming: for industrial countries, especially since 1980, nominal
https://www.rba.gov.au/publications/confs/1993/krugman.html

5 September 2023 | Minutes of the Monetary Policy Meeting of the Board

19 Sep 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 September 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-09-05.html