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Economic Calendar Terms

RBA Cash Rate

The Secretary
Reserve Bank of Australia
GPO Box 3947
SYDNEY NSW 2001
AUSTRALIA
61–2–9551–9710

Policy Rates, Cash Target Rate, End of Period

Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money. Policy rates are the most important rates within a country's monetary policy. These can be: deposit rates, lombard rates, rediscount rates, reference rates etc.