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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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Risk versus Uncertainty

31 Dec 2000 RDP 2000-10
Adam Cagliarini and Alexandra Heath
RDP 2000-10: Monetary Policy-Making in the Presence of Knightian Uncertainty 3. ... Two ways of relaxing the assumptions underlying expected utility theory to allow for Knightian uncertainty are discussed in the next section and the implications for the
https://www.rba.gov.au/publications/rdp/2000/2000-10/risk-versus-uncertainty.html