Search: Statement on Monetary Policy

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RBA Glossary definition for Statement on Monetary Policy

Statement on Monetary Policy – The Reserve Bank of Australia (RBA) issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary Policy and the Quarterly Reports on the Economy and Financial Markets, which were previously issued by the RBA.

RBA Glossary definition for monetary policy

monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.

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Statement by Glenn Stevens, Governor: Monetary Policy

2 Jun 2009 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 3.0 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-12.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Apr 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-04.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Sep 2019 Media Releases
At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-23.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

2 Mar 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-03.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

1 Mar 2016 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 2.0 per cent, effective 2 March 2016
https://www.rba.gov.au/media-releases/2016/mr-16-04.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

3 May 2016 Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 1.75 per cent.
https://www.rba.gov.au/media-releases/2016/mr-16-10.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

5 Apr 2016 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 2.0 per cent.
https://www.rba.gov.au/media-releases/2016/mr-16-08.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Mar 2022 Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-05.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

7 Jun 2011 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 4.75 per cent
https://www.rba.gov.au/media-releases/2011/mr-11-09.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

7 Apr 2020 Media Releases
At its meeting today, the Board reaffirmed the targets for the cash rate and the yield on 3-year Australian government bonds of 25 basis points, as well as the other elements of the package announced on 19 March 2020.
https://www.rba.gov.au/media-releases/2020/mr-20-11.html