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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Wage Growth in Australia: Lessons from Longitudinal Microdata
22 Jul 2019
Conferences
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826KB
RBA Annual Conference 2019
https://www.rba.gov.au/publications/confs/2019/pdf/rba-conference-2019-andrews-deutscher-hambur-hansell.pdf
Wrap-up Panel Discussion
18 Dec 2018
Conferences
PDF
833KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-panel-discussion.pdf
Discussion of Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years
18 Dec 2018
Conferences
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105KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-mckibbin-panton-discussion.pdf
Discussion of Robust Design Principles for Monetary Policy Committees
18 Dec 2018
Conferences
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146KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-archer-levin-discussion.pdf
Introduction to Central Bank Frameworks: Evolution or Revolution?
17 Dec 2018
Conferences
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831KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-introduction.pdf
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
risk that future short-term interest rates will not turn out as expected (interest rate risk). ... The effect of the cash rate on provisioning rates may diminish at low interest rates.
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
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
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
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