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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 by Philip Lowe, Governor: Monetary Policy Decision

7 Jun 2022 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html

Statements on Monetary Policy: Revised Publication Arrangements

13 Nov 2000 Media Releases
Announcement that there will be four Statements on Monetary Policy released each year, in February, May, August and November
https://www.rba.gov.au/media-releases/2000/mr-00-18.html

Statement by Glenn Stevens, Governor: Monetary Policy

7 Apr 2009 Media Releases
Announcement of reduction in the cash rate by 25 basis points to 3.0 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-06.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Sep 2019 Media Releases
At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-23.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

1 May 2012 Media Releases
Announcement that the Board decided to lower the cash rate by 50 basis points to 3.75 per cent
https://www.rba.gov.au/media-releases/2012/mr-12-10.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Aug 2020 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-18.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Jul 2021 Media Releases
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision. Number 2021-13. ... These measures will provide the continuing monetary support that the economy needs as it transitions from the recovery phase to the expansion phase.
https://www.rba.gov.au/media-releases/2021/mr-21-13.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

1 Feb 2011 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 4.75 per cent
https://www.rba.gov.au/media-releases/2011/mr-11-01.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

7 Feb 2023 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-04.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

5 Apr 2016 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 2.0 per cent.
https://www.rba.gov.au/media-releases/2016/mr-16-08.html