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.
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Data Availability
25 Mar 2024
Chart Pack
Data availability for graphs included in the Bank's monthly ‘Chart Pack’
https://www.rba.gov.au/chart-pack/data-availability.html
The Welfare Effects of Alternative Choices of Instruments and Targets for Macroeconomic Stabilisation Policy | Conference – 1997
21 Jul 1997
Conferences
To the extent that there is a welfare-relevant case for an inflation target as opposed to a real-interest-rate target, it must be as a proxy for stabilisation of ... As well as affecting intertemporal price ratios, monetary policy based on an inflation
https://www.rba.gov.au/publications/confs/1997/quiggin.html
Inflation
4 Aug 2023
SMP
– August 2023
Inflation | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/inflation.html
Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
Such a rule is clearly not viable as a means to achieve an inflation target. ... When wages growth is tied to the inflation target, inflation shocks are not passed on into wages and hence are not fed back into the inflation process.
https://www.rba.gov.au/publications/confs/1997/de-brouwer-oregan.html
Inflation
5 Nov 2021
SMP
– November 2021
Statement on Monetary Policy – November 20214. Inflation. Inflation was stronger than expected in the September quarter. ... Survey measures of long-term inflation expectations increased to around 2 per cent, similar to levels seen in 2019 and
https://www.rba.gov.au/publications/smp/2021/nov/inflation.html
1.1 Our Role
19 Oct 2023
RBA Annual Report
– October 2023
Our Role | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-role.html
Strategies for Controlling Inflation | Conference – 1997
21 Jul 1997
Conferences
In contrast to the exchange-rate target, but like the monetary-aggregate target, inflation targets enable monetary policy to focus on domestic considerations and to respond to shocks to the economy. ... Finally, inflation targets have the advantage that
https://www.rba.gov.au/publications/confs/1997/mishkin.html
Monetary Policy Goals for Inflation in Australia
1 Mar 1995
RDP
9503
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1995/9503.html
See 7 more results from "RDP 9503"
Inflation
4 Feb 2021
SMP
– February 2021
Together, these price increases contributed 0.8 percentage points to CPI inflation in the quarter. ... Unions' inflation expectations remain relatively subdued. Consensus and market economists' long-term inflation expectations are around 2–2 per cent
https://www.rba.gov.au/publications/smp/2021/feb/inflation.html
Discussion on The Case for Inflation Targeting in East Asian Countries | Conference – 2001
24 Jul 2001
Conferences
Although in principle this argument is correct, in practice there have been cases where the co-existence of the inflation target with other intermediate targets has proven problematic. ... As the ultimate objective of the inflation target was to improve
https://www.rba.gov.au/publications/confs/2001/debelle-disc.html