The cash rate, also known as the RBA cash rate or cash rate target, is Australia’s official interest rate. Every month, with the exception of January, the Reserve Bank of Australia (RBA) meets and decides whether the rate should be raised, lowered or remain the same. The official rate ...
实际上,英文中的cash rate,也叫official cash rate(OCR),多用来指:银行间的隔夜拆借利率(简单说,就是银行间互相借钱的隔夜利率)。Cash rate这个说法多在澳大利亚、新西兰两个国家中使用。在澳联储(RBA,澳大利亚央行)的官网,你可以看到cash rate的具体定义(见参考链接)。 在中国国内,媒体多将cash rate翻译为:基准...
If you do not resolve this debt, they can issue you a Statement of Claims or summons, which is the beginning of legal action against you to claim the whole loan amount. In a worst-case scenario, these steps may lead to eviction and the repossession of your property by the lender. »...
Interest rates are determined via the Reserve Bank Australia (RBA) through its Monetary Policy by influencing the supply of cash in the money market. The instrument used to affect this is known as the Cash Rate. The overnight cash rate is what I call the feeder for all other interest ...
Banking: What are the differences between current, saving, capital, fixed deposit and recurring deposit accounts? What is the role of deposit insurance in a fractional reserve system? What is the role of RBA/Central Bank? How is cash rate used in money market?
Our results suggest that the RBA targets a linear combination of deviations of inflation around target and output growth around potential growth – where the weight given to output growth deviations is about one-third that given to inflation deviations. If we interpret this weight as the ratio of...
The week that is: UK It will be a busy week regarding tier-1 economic metrics for the UK, each delivering data that could shift the chances of a rate cut for the remaining two meetings this year (November and December). Markets are pricing in 37bps of easing until the year-end,...
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there was expansionary monetary policy by reducing the interest rate from 4.75 per cent to 4.25 per cent. In addition, the RBA has not doing really effective during December 2011 until April 2012. There was no change in cash rate in this period of time and the inflation 而且,在2011年11月...
Even with the latest data prints providing more clarity, there are still plenty of question marks. We outline our thoughts on where central banks are headed.