Search: money market

Sort by: Relevance Date
1–9 of 9 collapsed search results for money market

RBA Glossary definition for money market

money market – The market which deals in short-term discount securities such as Treasury notes, bank bills and promissory notes. Major participants in this market include the Reserve Bank of Australia, banks, superannuation funds, insurance companies, investment trusts, investment banks, building societies and large corporates.

Search Results

China's Evolving Monetary Policy Framework in International Context

1 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
advanced economies, where contractionary interest rate adjustments are associated with some combination of higher market-based interest rates, slower money growth, lower industrial output growth, lower consumption and lower inflation. ... Open market
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html

Monetary Policy Transmission

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Figure 14: Impact of Money Supply Shock. One standard deviation shock, cumulative impulse responses. ... The experience in advanced economies has generally demonstrated that a well-developed bond market provides an important conduit through which changes
https://www.rba.gov.au/publications/rdp/2019/2019-11/monetary-policy-transmission.html

The PBC's Objectives and Operational Framework

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Liao and Tapsoba 2014; Sun 2015; Ma 2017): financial market deepening, particularly in the money and bond markets; the gradual liberalisation of bank lending and deposit rates (officially completed in 2015); ... slight structural liquidity deficit in
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-pbcs-objectives-and-operational-framework.html

China's Evolving Monetary Policy Framework in International Context

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
financial markets, interest rates, mining, monetary policy, money, open economy. China's monetary policy framework has evolved considerably over the years.
https://www.rba.gov.au/publications/rdp/2019/2019-11.html

References

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Garcia-Herrero A and E Girardin (2013), ‘China's Monetary Policy Communication: Money Markets not only Listen, They Also Understand’, Hong Kong Institute for Monetary Research Working Paper No 02/2013. ... Kendall R and J Lees (2017), ‘The Chinese
https://www.rba.gov.au/publications/rdp/2019/2019-11/references.html

Conclusion

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Finally, we also leave comparisons of China's evolving monetary policy framework with other emerging market countries for future research.
https://www.rba.gov.au/publications/rdp/2019/2019-11/conclusion.html

Introduction

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
advanced economies, where contractionary interest rate adjustments are associated with some combination of higher market-based interest rates, slower money growth, lower industrial output growth, lower consumption and lower inflation. ... monetary policy
https://www.rba.gov.au/publications/rdp/2019/2019-11/introduction.html

Communication

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
It covers analysis of output, prices, and money supply developments and presents information about important sectors of the economy. ... Oral communication picked up noticeably in 2015–16, when important policy changes took place in response to a
https://www.rba.gov.au/publications/rdp/2019/2019-11/communication.html

The Institutional Design Framework for Monetary Policy

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Article 5 of The PBC Law makes this clear: ‘The People's Bank of China shall report its decisions to the State Council for approval concerning the annual money supply, interest ... Most related emphasis has been placed on increasing the visibility of
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-institutional-design-framework-for-monetary-policy.html