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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

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

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 – 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

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

Welfare-Maximizing Monetary Policy under Parameter Uncertainty

13 Dec 2007 Research Workshop PDF 312KB
Reserve Bank of Australia Workshop 2007: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2007/edge.pdf

Optimal Monetary Policy when Expectations are Rational, Fixed, Learned, or Anything in Between

19 Dec 2023 Research Workshop PDF 410KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-presentation-brassil.pdf

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

Bank of England Staff Working Paper No. 827

20 Sep 2019 Research Workshop PDF 4321KB
Employment and the collateral channel of monetary policy
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-foulis.pdf

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