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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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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/

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 – 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/

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/

In Depth – Full Employment

6 Feb 2024 SMP – February 2024
In Depth – Full Employment | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/in-depth-full-employment.html

Statement on Monetary Policy – May 2023

5 May 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/may/

Statement on Monetary Policy – November 2006

13 Nov 2006 SMP
Statement on Monetary Policy –November 2006
https://www.rba.gov.au/publications/smp/2006/nov/

Statement on Monetary Policy – August 2022

5 Aug 2022 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/2022/aug/

Forecast Archive

6 Feb 2024 SMP
A number of Boxes on topics of special interest are published in the Statement on Monetary Policy and its forerunners, the Semi-Annual Statement on Monetary Policy and the quarterly reports on the Economy and Financial Markets. These boxes can be
https://www.rba.gov.au/publications/smp/forecasts-archive.html