Search: Nominal interest rate
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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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Statement by Glenn Stevens, Governor: Monetary Policy Decision
3 Aug 2010
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 4.5 per cent
https://www.rba.gov.au/media-releases/2010/mr-10-16.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Mar 2020
Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-06.html
Statement by Glenn Stevens, Governor: Monetary Policy
5 Aug 2008
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 7.25 per cent
https://www.rba.gov.au/media-releases/2008/mr-08-12.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
4 Oct 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-11-21.html
Same-day Settlement of Direct Entry Payments
25 Nov 2013
Media Releases
Starting from 25 November, the settlement of Direct Entry (DE) obligations between payments system participants is occurring on a same-day, rather than next-day, basis
https://www.rba.gov.au/media-releases/2013/mr-13-24.html
Statement by Glenn Stevens, Governor: Monetary Policy
3 Feb 2009
Media Releases
Announcement of reduction in the cash rate by 100 basis points to 3.25 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-01.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
2 Aug 2016
Media Releases
Announcement that the Board decided to
https://www.rba.gov.au/media-releases/2016/mr-16-18.html
Statement by the Governor, Mr Bernie Fraser: Monetary Policy
15 Feb 1990
Media Releases
Announcement of modest reduction in interest rates. Specifically, the Bank is seeking a reduction in cash rates of up to 0.5 percentage points
https://www.rba.gov.au/media-releases/1990/mr-90-10.html
Statement by the Governor, Mr Bernie Fraser: Monetary Policy
4 Apr 1990
Media Releases
Announcement of reduction in interest rates reducing cash rates to within the range of 15 to 15.5 per cent
https://www.rba.gov.au/media-releases/1990/mr-90-12.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Oct 2016
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2016/mr-16-26.html