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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Domestic Economic Conditions
24 Feb 2022
SMP
- February 2022
PDF
1117KB
https://www.rba.gov.au/publications/smp/2022/feb/pdf/02-domestic-economic-conditions.pdf
Semi-Annual Statement on Monetary Policy
5 Aug 2003
SMP
PDF
29KB
This development reflectslower nominal interest rates (permitting. households to obtain larger loans) and risinglevels of real income and wealth.
https://www.rba.gov.au/publications/smp/1998/may/pdf/box-c.pdf
The International Environment
4 Aug 2022
SMP
- August 2022
PDF
1543KB
https://www.rba.gov.au/publications/smp/2022/aug/pdf/01-the-international-environment.pdf
Statement on Monetary Policy
8 Aug 2022
SMP
- August 2022
PDF
5922KB
https://www.rba.gov.au/publications/smp/2022/aug/pdf/statement-on-monetary-policy-2022-08.pdf
Statement on Monetary Policy - November 2014
7 Nov 2014
SMP
- November 2014
PDF
2596KB
https://www.rba.gov.au/publications/smp/2014/nov/pdf/1114.pdf
The International Environment
6 May 2022
SMP
- May 2022
PDF
1881KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/01-the-international-environment.pdf
Statement on Monetary Policy - May 2013
10 May 2013
SMP
- May 2013
PDF
2187KB
https://www.rba.gov.au/publications/smp/2013/may/pdf/0513.pdf
Statement on Monetary Policy - November 2015
17 Nov 2015
SMP
- November 2015
PDF
2268KB
https://www.rba.gov.au/publications/smp/2015/nov/pdf/1115.pdf
Domestic Economic Conditions
6 May 2022
SMP
- May 2022
PDF
928KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/02-domestic-economic-conditions.pdf
Statement on Monetary Policy - February 2013
8 Feb 2013
SMP
- February 2013
PDF
2210KB
https://www.rba.gov.au/publications/smp/2013/feb/pdf/0213.pdf