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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Opening Statement to the House of Representatives Standing Committee on Economics

15 Aug 2023 Speech PDF 226KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-08-11.pdf

Opening Statement to the House of Representatives Standing Committee on Economics

11 Aug 2023 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, Canberra – 11 August 2023, Canberra
https://www.rba.gov.au/speeches/2023/sp-gov-2023-08-11.html

Transcript of Question & Answer Session on 12 July 2023

12 Jul 2023 Speech
Philip Lowe
Transcript of Question & Answer Session , at the Economic Society of Australia (Qld) Business Lunch, Brisbane
https://www.rba.gov.au/speeches/2023/sp-gov-2023-07-12-q-and-a-transcript.html

A Narrow Path

7 Jun 2023 Speech PDF 949KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-06-07.pdf

A Narrow Path

7 Jun 2023 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, at the Morgan Stanley 5th Australia Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-06-07.html

Transcript of Question & Answer Session on 07 June 2023

7 Jun 2023 Speech
Philip Lowe
Transcript of Question & Answer Session , at the Morgan Stanley 5th Australia Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-06-07-q-and-a-transcript.html

Transcript of Question & Answer Session on 20 April 2023

20 Apr 2023 Speech
Philip Lowe
Transcript of Question & Answer Session , Media Briefing, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-04-20-q-and-a-transcript.html

Transcript of Question & Answer Session on 12 April 2023

12 Apr 2023 Speech
Michele Bullock
Transcript of Question & Answer Session , Melbourne
https://www.rba.gov.au/speeches/2023/sp-dg-2023-04-12-q-and-a-transcript.html

Opening Statement to the House of Representatives Standing Committee on Economics

17 Feb 2023 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, Canberra – 17 February 2023, Canberra
https://www.rba.gov.au/speeches/2023/sp-gov-2023-02-17.html

Opening Statement to the House of Representatives Standing Committee on Economics

16 Feb 2023 Speech PDF 236KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-02-17.pdf