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RBA Glossary definition for Statement on Monetary Policy

Statement on Monetary Policy – The Reserve Bank of Australia (RBA) 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 Policy and the Quarterly Reports on the Economy and Financial Markets, which were previously issued by the RBA.

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 by the Reserve Bank Board: Monetary Policy Decision

6 Feb 2024 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-01.html

Statement by the Reserve Bank Board: Monetary Policy Decision

7 May 2024 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-08.html

Statements on Monetary Policy: Revised Publication Arrangements

13 Nov 2000 Media Releases
Announcement that there will be four Statements on Monetary Policy released each year, in February, May, August and November
https://www.rba.gov.au/media-releases/2000/mr-00-18.html

Statement by the Reserve Bank Board: Monetary Policy Decision

19 Mar 2024 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-05.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 May 2020 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-13.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

7 Sep 2021 Media Releases
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision. Number 2021-19. ... The Board is committed to maintaining highly supportive monetary conditions to achieve a return to full employment in Australia and inflation consistent with
https://www.rba.gov.au/media-releases/2021/mr-21-19.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Feb 2022 Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. It also decided to cease further purchases under the bond purchase program, with the
https://www.rba.gov.au/media-releases/2022/mr-22-02.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Sep 2020 Media Releases
At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-20.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Jul 2023 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-16.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Jun 2023 Media Releases
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision. Number 2023-13. ... Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe, but that will depend upon how
https://www.rba.gov.au/media-releases/2023/mr-23-13.html