Search: 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
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
Figure 4: April 2023 AGS Yield and the Introduction of the Yield Target. ... Purchases in $b. Purchases as a share of free float of target bond.
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html
Additional Analysis of Yield Effects
24 May 2022
RDP
2022-02
he reaffirmed the Reserve Bank's commitment to the yield target (Lowe 2021). ... and inflation deteriorated rapidly, the spread remained stable at around 25 to 30 basis points through to mid-2020 (Figure 14).
https://www.rba.gov.au/publications/rdp/2022/2022-02/additional-analysis-of-yield-effects.html
Event Study of Announcement Effects
24 May 2022
RDP
2022-02
same time announced a reduction in the cash rate target from 50 basis points to 25 basis points. ... Figure 4: April 2023 AGS Yield and the Introduction of the Yield Target.
https://www.rba.gov.au/publications/rdp/2022/2022-02/event-study-of-announcement-effects.html