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.
Search Results
Semi-Annual Statement on Monetary Policy
31 Jul 2003
SMP
PDF
25KB
made by deducting an expectationof future, rather than past, inflation from therelevant nominal interest rate. ... Proxies for real interest rates can be moreuseful over long periods, particularly wherethere are pronounced differences in theprevailing
https://www.rba.gov.au/publications/smp/1997/may/pdf/box-4.pdf
Overview
6 Dec 2023
SMP
- August 2023
PDF
81KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/overview.pdf
Overview
6 Feb 2024
SMP
- February 2024
PDF
149KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/overview.pdf
Outlook
6 Feb 2024
SMP
- February 2024
PDF
620KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/03-outlook.pdf
Economic Outlook
6 Dec 2023
SMP
- August 2023
PDF
639KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/05-economic-outlook.pdf
Economic Conditions
6 Feb 2024
SMP
- February 2024
PDF
1611KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/02-economic-conditions.pdf
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
6 Dec 2023
SMP
- August 2023
PDF
2166KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/04-inflation.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