Search: central bank

Sort by: Relevance Date
1–10 of 13 collapsed search results for central bank
Did you mean centralbank?

RBA Glossary definition for central bank

central bank – A non-commercial bank, which may or may not be independent of government, which has some or all of the following functions: conduct monetary policy; oversee the stability of the financial system; issue currency notes; act as banker to the government; supervise financial institutions and regulate payments systems.

Search Results

The Consequences of Low Interest Rates for the Australian Banking Sector

21 Dec 2022 RDP 2022-08
Anthony Brassil
The reversal rate is the point at which any further reduction in the central bank's policy rate will cause banks to increase their lending rates, such that policy rate reductions ... These unconventional policies are typically used by central banks when
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html

The Literature through the Lens of Banks' Balance Sheets

21 Dec 2022 RDP 2022-08
Anthony Brassil
These unconventional policies are typically used by central banks when interest rates are low, and so should be considered a part of the central bank's toolkit at low rates. ... If these central bank deposits are funded by liabilities with interest rates
https://www.rba.gov.au/publications/rdp/2022/2022-08/the-literature-through-the-lens-of-banks-balance-sheets.html

Introduction

21 Dec 2022 RDP 2022-08
Anthony Brassil
But if the central bank has other considerations, such as financial stability, then the answer is not as clear. ... The reversal rate is the point at which any further reduction in the central bank's policy rate will cause banks to increase their lending
https://www.rba.gov.au/publications/rdp/2022/2022-08/introduction.html

The Consequences of Low Interest Rates for the Australian Banking Sector

21 Dec 2022 RDP 2022-08
Anthony Brassil
In the face of low rates, the profitability of Australian banks has likely been less adversely affected than what the international literature would predict, but the flip side to this is ... Reserve Bank of Australia, 2001–2024. All rights reserved.
https://www.rba.gov.au/publications/rdp/2022/2022-08.html

References

21 Dec 2022 RDP 2022-08
Anthony Brassil
Brassil A, J Cheshire and J Muscatello (2018), ‘The Transmission of Monetary Policy through Banks’ Balance Sheets', in J Simon and M Sutton (eds), Central Bank Frameworks: Evolution or Revolution?, Proceedings ... Dowling S and S Printant (2021),
https://www.rba.gov.au/publications/rdp/2022/2022-08/references.html

Appendix A: Pass-through Lower Bound in BA-MARTIN

21 Dec 2022 RDP 2022-08
Anthony Brassil
The effect persistently lower capital ratios have on debt funding costs by increasing bank default risk. ... This can also be shown by considering how banks would need to change their desired speed of adjustment (the.
https://www.rba.gov.au/publications/rdp/2022/2022-08/appendix-a.html

Non-technical summary for ‘The Rise in Household Liquidity’

21 Dec 2022 RDP 2022-08
Anthony Brassil
With pass-through falling, a key question for central banks has been whether pass-through could ever turn negative – the so called ‘reversal rate’. ... Famously theorised by Brunnermeier and Koby (2018), the reversal rate is the point at which any
https://www.rba.gov.au/publications/rdp/2022/2022-08/non-technical-summary.html

Investigating the ‘Reversal Rate’ in Australia

21 Dec 2022 RDP 2022-08
Anthony Brassil
Download the Paper 1.6. MB. The ‘reversal rate’ is the point at which any further reduction in the central bank's policy rate will cause banks to increase their lending ... However, large Australian banks' holdings of securities and central bank
https://www.rba.gov.au/publications/rdp/2022/2022-08/investigating-the-reversal-rate-in-australia.html

The Consequences of Low Interest Rates for the Australian Banking Sector

21 Dec 2022 RDP 2022-08
Anthony Brassil
Views expressed in this paper are those of the author and not necessarily those of the Reserve Bank of Australia. ... Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank of Australia acknowledges the Aboriginal and Torres Strait
https://www.rba.gov.au/publications/rdp/2022/2022-08/sections.html

Read me file

21 Dec 2022 RDP 2022-08
Anthony Brassil
Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank of Australia acknowledges the Aboriginal and Torres Strait Islander Peoples of Australia as the Traditional Custodians of this land,
https://www.rba.gov.au/publications/rdp/2022/2022-08/read-me.html