Search: inflation target

Sort by: Relevance Date
1–2 of 2 collapsed search results for inflation target

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.

Search Results

Empirical Analysis

25 Sep 2015 RDP 2015-11
Mariano Kulish and Daniel Rees
We set the central bank's inflation target, , to an annual rate of 2.5 per cent. ... 0.70. Domestic inflation target. 1.0062. Foreign inflation target. 1.0055. θ. N.
https://www.rba.gov.au/publications/rdp/2015/2015-11/empirical-analysis.html

Appendix A: Model

1 Dec 2015 RDP 2015-11
Mariano Kulish and Daniel Rees
H. is the steady-state inflation rate of domestic non-commodity tradeable goods prices. ... where. t. = P. t. /P. t1. is the inflation rate in terms of final consumption goods prices and is the central bank's inflation target.
https://www.rba.gov.au/publications/rdp/2015/2015-11/appendix-a.html