Reserve bank of australia – monetary policy changes [A2]
Notes
A2 RESERVE BANK OF AUSTRALIA – MONETARY POLICY CHANGES
Monetary policy changes are expressed in terms of a target for the cash rate – the interest rate paid or received on unsecured overnight funds in the interbank market. Commencing February 2008, the announcement is made on the day of the Reserve Bank Board meeting, effective the following day. Prior to this time, the announcement and effective dates were the same.
Updated on DBnomics on November 8, 2023 (2:55 AM)
Frequency [FREQ]
Units [units]
Dataset has 2 series. Add search filters to narrow them.
- Change in Cash Rate Target [RBA/A2/ARBAMPCCCR]
- min:
- -1
- max:
- 1
- avg:
- -0.125
- σ:
- 0.486
- New Cash Rate Target [RBA/A2/ARBAMPCNCRT]
- min:
- 0.1
- max:
- 14
- avg:
- 4.794
- σ:
- 2.682
Dimension codes and labels
[FREQ] Frequency
- [D] Daily
[units] Units
- [per-cent] Per cent