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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The Rise in US Household Indebtedness: Causes and Consequences | Conference – 2007
20 Aug 2007
Conferences
In particular, when inflation is lower the same real interest rate will be associated with a lower nominal interest rate, which means that the ratio of nominal interest payments to nominal ... Thus, the average interest rate on household debt responds
https://www.rba.gov.au/publications/confs/2007/dynan-kohn.html
The Debate on Alternatives for Monetary Policy in Australia
7 Dec 2006
Conferences
PDF
85KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/edey.pdf
A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
that includes the ‘real’ and ‘nominal’ factors from our approximate dynamic factor model and the policy interest rate. ... more to ‘nominal’ variables, such as prices, money, credit, and interest rates.
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html
Which Monetary-policy Regime for Australia? | Conference – 1997
21 Jul 1997
Conferences
Taylor Rule:. where:. i = nominal interest rate;. r = real interest rate;. ... Gagnon, J. and D. Henderson (1990), ‘Nominal Interest Rate Pegging under Alternative Expectations Hypotheses’, in P.
https://www.rba.gov.au/publications/confs/1997/mckibbin.html
2 April 2024 | Minutes of the Monetary Policy Meeting of the Board
2 Apr 2024
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html
Discussion of Gazing at r*: A Hysteresis Perspective
29 Dec 2022
Conferences
PDF
799KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-beaudry-kartashova-meh-discussion.pdf
Designing Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
They infer, conversely, that money demand is actually rather interest-inelastic at low levels of nominal interest rates. ... and. where y. t. denotes real output, i. t. the nominal interest rate, u.
https://www.rba.gov.au/publications/confs/1997/haldane.html
The Rise of Household Indebtedness | Conference – 2007
20 Aug 2007
Conferences
Debelle (2004) and RBA (2003a) attribute much of the rise to a reduction in credit constraints due to financial deregulation and the decline in real and nominal interest rates associated with ... A decline in inflation that reduces nominal interest rates
https://www.rba.gov.au/publications/confs/2007/kent-ossolinski-willard.html
The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997
21 Jul 1997
Conferences
The other route is to introduce the concept of money as an intermediate target, under which some other policy instrument (in practice, the short-term nominal interest rate, i) is adjusted ... where i represents the nominal interest rate, π the inflation
https://www.rba.gov.au/publications/confs/1997/edey.html
Monetary Policy Frameworks Away from the ELB
20 Dec 2023
Conferences
PDF
4375KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-de-fiore-mojon-rees-sandri.pdf