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RBA Glossary definition for monetary policy

monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.

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About Monetary Policy

12 Feb 2024
Monetary policy decisions by the Reserve Bank Board are communicated publicly shortly after the conclusion of the meeting. ... Accountability for Monetary Policy. The Reserve Bank's conduct of monetary policy is explained publicly through several channels
https://www.rba.gov.au/monetary-policy/about.html

Statement on Monetary Policy

6 Feb 2024 SMP
The Reserve Bank issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary
https://www.rba.gov.au/publications/smp/

Monetary Policy

12 Feb 2024
Information about the Reserve Bank's monetary policy framework and the effect of that policy on the Australian economy. Includes: Statements on Monetary Policy, Testimonies before the House of Representatives Standing Committee on Economics; the
https://www.rba.gov.au/monetary-policy/

Videos | Education

19 Mar 2024
8 July 2022. Learn about the objectives, tools and implementation of monetary policy. ... But the policy actions made an important contribution, too. Monetary policy was eased rapidly.
https://www.rba.gov.au/education/resources/videos.html

Statement on Monetary Policy – August 2023

4 Aug 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/aug/

2024 | Monetary Policy Decisions

19 Mar 2024
Monetary Policy media releases - statements made by the Governor on monetary policy
https://www.rba.gov.au/monetary-policy/int-rate-decisions/2024/

In Brief: Statement on Monetary Policy – February 2024

6 Feb 2024 SMP
Monetary policy is working to slow growth in demand. High inflation, higher interest rates and tax payments have led people to cut back on spending. ... More on the February 2024 monetary policy decision. The Board decided to leave the cash rate target
https://www.rba.gov.au/publications/smp/2024/feb/

Statement on Monetary Policy – February 2023

10 Feb 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/feb/

Statement on Monetary Policy – November 2023

10 Nov 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/nov/

The Transmission of Monetary Policy | Explainer | Education

15 Mar 2024
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/explainers/the-transmission-of-monetary-policy.html