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RBA Glossary definition for Real interest rate

Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.

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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7 May 2024 | Minutes of the Monetary Policy Meeting of the Board

21 May 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 May 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-05-07.html

3 December 2019 | Minutes of the Monetary Policy Meeting of the Board

17 Dec 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 December 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-12-03.html

5 June 2018 | Minutes of the Monetary Policy Meeting of the Board

19 Jun 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 February 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-06-05.html

5 July 2011 | Minutes of the Monetary Policy Meeting of the Board

5 Jul 2011 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 July 2011
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2011/05072011.html

7 September 2010 | Minutes of the Monetary Policy Meeting of the Board

21 Sep 2010 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 September 2010
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2010/07092010.html

1 December 2020 | Minutes of the Monetary Policy Meeting of the Board

15 Dec 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 December 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-12-01.html

2 February 2021 | Minutes of the Monetary Policy Meeting of the Board

16 Feb 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 February 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-02-02.html

2 December 2008 | Minutes of the Monetary Policy Meeting of the Board

16 Dec 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 December 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/02122008.html

7 April 2015 | Minutes of the Monetary Policy Meeting of the Board

21 Apr 2015 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 April 2015
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2015/2015-04-07.html

6 April 2021 | Minutes of the Monetary Policy Meeting of the Board

6 Apr 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 April 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-04-06.html