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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Annual Performance Statement
21 Oct 2021
RBA Annual Report
– 2021
Flexible medium-term inflation target to achieve consumer price inflation of between 2 and 3 per cent, on average, over time. ... Over time, this will help achieve the inflation target. The Bank has also remained flexible in the course of achieving
https://www.rba.gov.au/publications/annual-reports/rba/2021/annual-performance-statement.html
Reserve Bank of Australia Annual Report – 2013
16 Oct 2013
Annual Report
people. Since 1993, this general mandate has found concrete expression in the form of a medium-term inflation target of 2–3 per cent, on average, over the business cycle. ... The Bank is committed to improving the environmental performance of its
https://www.rba.gov.au/publications/annual-reports/rba/2013/
Our Role
21 Oct 2021
RBA Annual Report
– 2021
Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the basis of Australia's monetary policy framework since the early ... 1990s. The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2021/our-role.html
The Economy and Monetary Policy | Reserve Bank of Australia Annual Report - 1996
31 Dec 1996
Annual Report
It avoids conveying the impression, as a narrow “hard-edged” target might, that inflation can be controlled within bounds that central banks cannot realistically achieve. ... Even occasional failure to achieve a hard-edged inflation target runs the
https://www.rba.gov.au/publications/annual-reports/rba/1996/economy-monetary.html
Reserve Bank of Australia Annual Report – 2012
10 Sep 2012
Annual Report
For almost 20 years, this general mandate has found concrete expression in the form of a medium-term inflation target of 2–3 per cent, on average, over the business cycle. ... Bulletin. , which in 2011/12 covered a range of topics, including the terms
https://www.rba.gov.au/publications/annual-reports/rba/2012/
Governor's Foreword
21 Oct 2021
RBA Annual Report
– 2021
Inflation has been below target for a number of years and the unemployment rate is still too high. ... The Reserve Bank Board remains committed to achieving the inflation target and doing what it can to return Australia to full employment.
https://www.rba.gov.au/publications/annual-reports/rba/2021/governors-foreword.html
Functions and Objectives of the Reserve Bank
10 Sep 2012
RBA Annual Report
– 2012
the economic prosperity and welfare of the people of Australia. For almost 20 years now, this general mandate has found concrete expression in the form of a medium-term inflation target. ... Monetary policy aims to keep the rate of consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2012/functions.html
Financial Markets | Reserve Bank of Australia Annual Report - 1996
31 Dec 1996
Annual Report
A world of low inflation will be helpful in maintaining low inflation in this country. ... Other benefits of low inflation are flowing through in more subtle, but nonetheless important ways.
https://www.rba.gov.au/publications/annual-reports/rba/1996/fin-markets.html
Reserve Bank of Australia Annual Report – 2014
12 Sep 2014
Annual Report
Since the early 1990s, this general mandate has found practical expression in a flexible, medium-term inflation target of 2-3 per cent, on average, over the business cycle. ... The Bank remains committed to improving the environmental performance of its
https://www.rba.gov.au/publications/annual-reports/rba/2014/
Governor's Foreword
27 Oct 2022
RBA Annual Report
– October 2022
Reserve Bank of Australia Annual Report – 2022Governors Foreword. The past year has seen the return of high inflation as a major policy concern globally. ... changed. The task ahead is to return inflation to target while keeping the economy on an even
https://www.rba.gov.au/publications/annual-reports/rba/2022/governors-foreword.html