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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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Introduction

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
As can be seen from the discussion of the outlook presented in the Statement on Monetary Policy, the RBA's inflation forecasts are informed by a wider range of indicators than ... These episodes convinced many observers that monetary policy has a strong
https://www.rba.gov.au/publications/rdp/2017/2017-02/introduction.html

Anticipatory Monetary Policy and the ‘Price Puzzle’

1 May 2017 RDP 2017-02
James Bishop and Peter Tulip
As can be seen from the discussion of the outlook presented in the Statement on Monetary Policy, the RBA's inflation forecasts are informed by a wider range of indicators than ... At four of these meetings – February, May, August and November –
https://www.rba.gov.au/publications/rdp/2017/2017-02/full.html

Romer and Romer's Approach

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
The estimated residuals from this regression become the measure of ‘monetary policy shocks’. ... At four of these meetings – February, May, August and November – economic forecasts are considered and then published a few days later in the
https://www.rba.gov.au/publications/rdp/2017/2017-02/romer-and-romers-approach.html