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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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2.2 Operations in Financial Markets

19 Oct 2023 RBA Annual Report – October 2023
Operations in Financial Markets | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/operations-in-financial-markets.html

Statement on the Conduct of Monetary Policy

30 Jun 1997 RBA Annual Report – 1997
Reserve Bank of Australia Annual Report – 1997 Statement on the Conduct of Monetary Policy. ... Safeguards like this ensure that monetary policy is subject to the checks and balances inherent and necessary in a democratic system.
https://www.rba.gov.au/publications/annual-reports/rba/1997/state-conduct.html

Monetary Policy

9 Mar 2023 RBA Annual Report – 1961
Reserve Bank of Australia Annual Report – 1961 Monetary Policy. A very marked change in monetary and financial conditions took place during 1960/61. ... The new rates were to be applied selectively in line with economic policy.
https://www.rba.gov.au/publications/annual-reports/rba/1961/monetary-policy.html

Operations in Financial Markets

27 Oct 2022 RBA Annual Report – October 2022
The higher system liquidity that has resulted from these monetary policy measures will also decline. ... 10. Source: RBA. Endnotes. RBA (2022),See RBA (2021), Box C: Use of the Reserve Banks Term Funding Facility, Statement on Monetary Policy, August.
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html

Monetary Policy

9 Mar 2023 RBA Annual Report – 1963
Reserve Bank of Australia Annual Report – 1963 Monetary Policy. The economy was in a liquid condition by the end of 1961/62. ... In formulating and administering monetary policy, the Reserve Bank had to take these matters into account.
https://www.rba.gov.au/publications/annual-reports/rba/1963/monetary-policy.html

Monetary Management in 1988/89

9 Mar 2023 RBA Annual Report – 1989
Further sharp adjustments of monetary policy were made in February/March 1989 and again in May. ... The experience illustrates a need for great caution in adjusting monetary policy in response to decisions on, rather than the results of, other policies.
https://www.rba.gov.au/publications/annual-reports/rba/1989/monetary-management.html

Monetary Policy

9 Mar 2023 RBA Annual Report – 1960
Reserve Bank of Australia Annual Report – 1960 Monetary Policy. During 1958/59 it had appeared desirable for the central bank to encourage bank lending in order to provide some stimulus for ... to continue to provide in its monetary policy for some
https://www.rba.gov.au/publications/annual-reports/rba/1960/monetary-policy.html

Monetary Policy

9 Mar 2023 RBA Annual Report – 1962
Reserve Bank of Australia Annual Report – 1962 Monetary Policy. Reserve Bank policies throughout 1961/62 were designed to encourage a revival of business activity and economic growth. ... Bank policy, it was thought unnecessary to make increases in the
https://www.rba.gov.au/publications/annual-reports/rba/1962/monetary-policy.html

Operations in Financial Markets

12 Apr 2020 RBA Annual Report – 2020
These operations include implementing the monetary policy decisions of the Reserve Bank Board, facilitating the smooth functioning of the payments system, managing the nation's foreign exchange reserve assets and providing ... March 2020 as high surplus
https://www.rba.gov.au/publications/annual-reports/rba/2020/operations-in-financial-markets.html

Monetary and External Policies

9 Mar 2023 RBA Annual Report – 1980
In general, countries responded to the acceleration in inflation by tightening policy, especially monetary policy. ... In October, the United States tightened its monetary policy, and short-term interest rates in that country rose.
https://www.rba.gov.au/publications/annual-reports/rba/1980/monetary-external-policies.html