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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Economic Outlook
20 Nov 2023
SMP
- November 2023
PDF
666KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/05-economic-outlook.pdf
Inflation
20 Nov 2023
SMP
- November 2023
PDF
2189KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/04-inflation.pdf
Financial Conditions
6 Feb 2024
SMP
- February 2024
PDF
1605KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/01-financial-conditions.pdf
The International Environment
4 Aug 2023
SMP
– August 2023
The International Environment | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/the-international-environment.html
Inflation
4 Aug 2023
SMP
– August 2023
Inflation | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/inflation.html
Domestic Economic Conditions
6 Dec 2023
SMP
- August 2023
PDF
1458KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/02-domestic-economic-conditions.pdf
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
By lowering the structure of interest rates across the economy, the Reserve Bank's policy measures announced in 2020 have contributed to a lower exchange rate than otherwise. ... Interest rates on new fixed-rate loans have declined by around 90 basis
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
The International Environment
10 Nov 2023
SMP
– November 2023
The International Environment | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/the-international-environment.html
The International Environment
6 Dec 2023
SMP
- August 2023
PDF
2387KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/01-the-international-environment.pdf
Statement on Monetary Policy
6 Feb 2024
SMP
- February 2024
PDF
4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.pdf