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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The Economic Effects of Low Interest Rates and Unconventional Monetary Policy
17 Sep 2020
Bulletin
– September 2020
The cash rate is currently at its effective lower bound and the Reserve Bank has put in place a suite of alternative monetary policy tools.
https://www.rba.gov.au/publications/bulletin/2020/sep/the-economic-effects-of-low-interest-rates-and-unconventional-monetary-policy.html
Semi-Annual Statement on Monetary Policy
10 May 2000
Bulletin
– May 2000
The most recent interest rate adjustments in April and May continued the process of bringing interest rates to levels where that risk would be reduced. ... The rising ratio of household debt to income (Graph 16) has combined with recent increases in
https://www.rba.gov.au/publications/bulletin/2000/may/1.html
Statement on Monetary Policy
10 Feb 2002
Bulletin
– February 2002
Further increases in household wealth, together with moderate increases in incomes and the boost to spending power from lower petrol prices and interest rates, have underpinned the growth in consumption. ... As in the major countries, the current level
https://www.rba.gov.au/publications/bulletin/2002/feb/1.html
Household Debt: What the Data Show
10 Mar 2003
Bulletin
– March 2003
What this means is that over the past decade, the fall in nominal interest rates has more than offset the rapid rise in debt. ... Table A1 shows the debt to income ratio that would result from various combinations of interest rates and rates of growth of
https://www.rba.gov.au/publications/bulletin/2003/mar/1.html
Statement on Monetary Policy
10 Aug 2002
Bulletin
– August 2002
In general, short-term interest rates in Asian emerging markets have drifted lower over the past three months (Graph 9). ... year or so by keeping their monthly payments constant as interest rates declined through 2001.
https://www.rba.gov.au/publications/bulletin/2002/aug/1.html
Statement on Monetary Policy
10 Nov 2002
Bulletin
– November 2002
Graph 7. Table 3: Policy Interest Rate Changes. Basis points. Current level Per cent. ... Official interest rates in most emerging economies have remained relatively steady over recent months.
https://www.rba.gov.au/publications/bulletin/2002/nov/1.html
Statement on Monetary Policy
10 Nov 2005
Bulletin
– November 2005
Statement on Monetary Policy-November 2005
https://www.rba.gov.au/publications/bulletin/2005/nov/1.html
Statement on Monetary Policy
10 May 2001
Bulletin
– May 2001
Several other emerging market economies, however, have had to raise interest rates despite slowing output growth to counter exchange rate pressures. ... The consequential changes to the expectations about equity returns and interest rates were a
https://www.rba.gov.au/publications/bulletin/2001/may/1.html
Statement on Monetary Policy
10 Feb 2003
Bulletin
– February 2003
in New Zealand, which has relatively high interest rates and a sharply appreciating exchange rate, the central bank has signalled that it may ease if current trends continue. ... More generally, however, it appears that interest rate differentials are
https://www.rba.gov.au/publications/bulletin/2003/feb/1.html
Statement on Monetary Policy
10 May 2005
Bulletin
– May 2005
Statement on Monetary Policy-May 2005
https://www.rba.gov.au/publications/bulletin/2005/may/1.html