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Conventional Monetary Policy Tools: The Cash Rate Target

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Reserve Bank of Australia

Reserve Bank of Australia

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Gian-Piero (Gigi) Lovicu introduces the RBA’s cash rate target.
Please note: In March 2024, the Reserve Bank Board endorsed a plan to move to a new system of implementing monetary policy. It will use a system called ‘ample reserves’. Further details will be provided in due course. For more information, please see Assistant Governor Christopher Kent’s speech The Future System for Monetary Policy Implementation www.rba.gov.au...
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www.rba.gov.au...
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