Leading Indicators OECD: Component Series: Long-Term Interest Rate: Original Series for Australia
AUSLOCOLTORSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.19
Year-over-Year Change
17.94%
Date Range
7/1/1969 - 12/1/2023
Summary
The Leading Indicators OECD: Component Series: Long-Term Interest Rate: Original Series for Australia tracks the long-term interest rate in Australia, providing insights into the country's economic conditions and outlook.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the long-term interest rate for Australian government bonds, a key indicator of the country's economic health and investor confidence. It is used by economists and policymakers to assess the overall state of the Australian economy and inform decision-making.
Methodology
The data is collected and published by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
The long-term interest rate is a critical variable for monetary policy, financial markets, and economic growth analysis.
Key Facts
- Australia's long-term interest rate has averaged around 5.5% over the past decade.
- The interest rate trend is closely monitored by the Reserve Bank of Australia for policy decisions.
- Long-term rates reflect market expectations of future economic conditions and inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the long-term interest rate for Australian government bonds, which is a key indicator of the country's economic conditions and investor confidence.
Q: Why is this trend relevant for users or analysts?
A: The long-term interest rate is a critical variable for monetary policy, financial markets, and economic growth analysis, providing insights into Australia's economic outlook.
Q: How is this data collected or calculated?
A: The data is collected and published by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: The long-term interest rate trend is closely monitored by the Reserve Bank of Australia for monetary policy decisions and is a key input for assessing the country's economic conditions.
Q: Are there update delays or limitations?
A: The OECD publishes this data on a regular basis, but there may be occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Long-Term Interest Rate: Original Series for Australia (AUSLOCOLTORSTM), retrieved from FRED.