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RBA Glossary definition for inflation target

inflation target – A tool to guide monetary policy expressed as a preferred range or figure for the rate of increase in prices over a period. In Australia, the inflation target is between 2 and 3 per cent per annum on average over the course of the business cycle.

RBA Glossary definition for inflation

inflation – A measure of the change (increase) in the general level of prices.

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Monetary Policy, Equity Markets and the Information Effect

23 Mar 2021 RDP 2021-04
Calvin He
news. I test this by examining the relationship between the monetary policy surprises and surprises in economic news, in particular GDP, inflation and unemployment. ... The results provide little evidence that the monetary policy surprise series can be
https://www.rba.gov.au/publications/rdp/2021/2021-04/full.html

References

1 Apr 2021 RDP 2021-04
Calvin He
Barthélemy J and E Mengus (2018), ‘The Signaling Effect of Raising Inflation’, Journal of Economic Theory, 178, pp 488–516. ... Kehoe J (2019), ‘Confidence Jitters Keep RBA Inflation Goal Intact’, The Australian Financial Review online, 8
https://www.rba.gov.au/publications/rdp/2021/2021-04/references.html