Search: Nominal interest rate
RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
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Competition, Markups, and Inflation: Evidence from Australian Firm-level Data
23 Nov 2023
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1757KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-champion-edmond-hambur.pdf
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low?
10 Feb 2020
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1690KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-borio-hofmann.pdf
Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? | Conference – 2003
18 Aug 2003
Conferences
Monetary Conditions Indices (MCIs) that weight together nominal interest rates and the exchange rate are often used to indicate whether monetary conditions have changed, on the argument that a fall in ... the exchange rate – seen as a monetary variable
https://www.rba.gov.au/publications/confs/2003/bean.html
Pandemic-Era Inflation Drivers and Global Spillovers
23 Nov 2023
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797KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-di-giovanni-kalemli-ozcan-silva-yildirim.pdf
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
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The rise in indebtedness was, in part, made possible by the fall in nominal interest rates in the early 1990s. ... Relatively low nominal interest rates meant that interest-servicing burdens were low for much of the decade.
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
The Objectives for, and Conduct of, Monetary Policy in the 1990s | Conference – 1992
21 Jun 1990
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In the long term, nominal interest rates will be determined by real (international) forces and the expected rate of inflation.). ... Hence, in order to raise real interest rates, nominal interest rates must be raised significantly more than the prior
https://www.rba.gov.au/publications/confs/1992/goodhart.html
Inflation: Performance and Policy | Conference – 1990
21 Jun 1990
Conferences
Ignoring cross-product terms, the following identities define the relationships between real and nominal interest rates pre and post tax:. ... To the extent that inflation is anticipated, this compensation for erosion of principal value will be included
https://www.rba.gov.au/publications/confs/1990/carmichael.html
Internationalisation and the Macroeconomy | Conference – 1994
11 Jul 1994
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Therefore, rather than modelling equilibrium in the money market, it is more straightforward to recognise that the short-term nominal interest rate is set by the central bank. ... Second, rather than modelling equilibrium in the domestic money market,
https://www.rba.gov.au/publications/confs/1994/gruen-shuetrim.html
Setting Monetary Policy in East Asia: Goals, Developments and Institutions
26 Nov 2006
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297KB
RBA Conference Volume 2001
https://www.rba.gov.au/publications/confs/2001/pdf/mccauley.pdf
The Debate on Alternatives for Monetary Policy in Australia
7 Dec 2006
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85KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/edey.pdf