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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Australia's Inflation Target
22 Mar 2024
PDF
163KB
For example, in response to a sharp decline in aggregate demand, it may be the case that monetary policy should be set such that real interest rates become negative. ... Having a very low inflation target (so that actual inflation is close to zero) makes
https://www.rba.gov.au/education/resources/explainers/pdf/australias-inflation-target.pdf
Videos | Education
19 Mar 2024
We set the official interest rate for Australia, which is called the cash rate. ... This rate directly influences the interest rates on savings and loans; it ensures that prices for goods and services don't rise too quickly.
https://www.rba.gov.au/education/resources/videos.html
An Economic Update
15 Mar 2024
PDF
2089KB
20. %China – GDPGrowth. Year-ended(real). Year-ended(nominal). Quarterly(real). Quarterlydata are seasonallyadjusted, RBA estimates prior toDecember quarter 2010. ... Trimmed mean. Excludes interest charges prior to the September quarter 1998;adjusted
https://www.rba.gov.au/education/professional-development/pdf/2018-teacher-immersion-event-economic-update.pdf
Exchange Rates
14 Mar 2024
PDF
2063KB
2018 Teacher Immersion Event
https://www.rba.gov.au/education/professional-development/pdf/2018-teacher-immersion-event-exchange-rates-from-the-bank.pdf
5-6 February 2024 | Minutes of the Monetary Policy Meeting of the Board
20 Feb 2024
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5-6 February 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-02-06.html
RBAFOI-232430 - documents for release
19 Feb 2024
PDF
857KB
documents between 1 July and 3 November 2020 detailing costs, benefits or risks of the Bank buying large volumes of Government Bonds
https://www.rba.gov.au/information/foi/disclosure-log/pdf/232430.pdf
Bulletin September Quarter 2023
15 Feb 2024
Bulletin
- September 2023
PDF
8611KB
https://www.rba.gov.au/publications/bulletin/2023/sep/pdf/bulletin-2023-09.pdf
Economic Literacy in Australia: A First Look
15 Feb 2024
Bulletin
- September 2023
PDF
818KB
https://www.rba.gov.au/publications/bulletin/2023/sep/pdf/economic-literacy-in-australia-a-first-look.pdf
Jonathan Hambur | Researcher Profiles
15 Feb 2024
Researcher profile of Jonathan Hambur
https://www.rba.gov.au/research/researcher-profiles/jonathan-hambur.html
Financial Health and Employment in the Business Sector: A Non-linear Relationship
15 Feb 2024
Bulletin
- September 2023
PDF
603KB
https://www.rba.gov.au/publications/bulletin/2023/sep/pdf/financial-health-and-employment-in-the-business-sector-a-non-linear-relationship.pdf