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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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References

28 Jan 2020 RDP 2020-01
Benjamin Beckers
Berkelmans L (2005), ‘Credit and Monetary Policy: An Australian SVAR’, RBA Research Discussion Paper No 2005-06. ... RBA (2008d), Statement on Monetary Policy, November. RBA (2009), Statement on Monetary Policy, February.
https://www.rba.gov.au/publications/rdp/2020/2020-01/references.html

Credit Spreads, Monetary Policy and the Price Puzzle

1 Jan 2020 RDP 2020-01
Benjamin Beckers
Research Discussion Paper – RDP 2020-01 Credit Spreads, Monetary Policy and the Price Puzzle. ... Notes: Forecasts of underlying inflation (year-ended) and the unemployment rate as published in the Statement on Monetary Policy (SMP ); cumulative cash
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html

Biased Romer and Romer Estimates – The Role of Credit Spreads

28 Jan 2020 RDP 2020-01
Benjamin Beckers
In the second step, the residual. m. t. is then used as a proxy for the true monetary policy shock m. ... Notes: Forecasts of underlying inflation (year-ended) and the unemployment rate as published in the Statement on Monetary Policy (SMP ); cumulative
https://www.rba.gov.au/publications/rdp/2020/2020-01/biased-romer-and-romer-estimates-the-role-of-credit-spreads.html