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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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Statement on Monetary Policy

7 May 2024 SMP
The Reserve Bank 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
https://www.rba.gov.au/publications/smp/

In Brief: Statement on Monetary Policy – February 2024

6 Feb 2024 SMP
Statement on Monetary Policy – February 2024. Inflation is falling but is still high. ... More on the February 2024 monetary policy decision. The Board decided to leave the cash rate target unchanged at 4.35 per cent.
https://www.rba.gov.au/publications/smp/2024/feb/

2 April 2024 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html

In Depth – Full Employment

6 Feb 2024 SMP – February 2024
In Depth – Full Employment | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/in-depth-full-employment.html

Statement on Monetary Policy – August 2023

4 Aug 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/aug/

Statement on Monetary Policy – February 2023

10 Feb 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/feb/

Minutes of the Monetary Policy Meeting of the Board

27 May 2019 Minutes
Minutes of the Monetary Policy Meetings of the Reserve Bank Board
https://www.rba.gov.au/monetary-policy/rba-board-minutes/

5-6 February 2024 | Minutes of the Monetary Policy Meeting of the Board

20 Feb 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5-6 February 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-02-06.html

Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
Research Discussion Paper – RDP 2024-01 Do Monetary Policy and Economic Conditions Impact Innovation? ... We also find that US monetary policy spills over and affects Australian firms' innovation.
https://www.rba.gov.au/publications/rdp/2024/2024-01.html
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Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

3 Jan 2023 RDP 2022-09
Matthew Read
the monetary policy reaction function, and the relationship between the monetary policy shock and a proxy for this shock. ... Some sets of identifying restrictions are not particularly informative about the effects of monetary policy.
https://www.rba.gov.au/publications/rdp/2022/2022-09.html
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