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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Our Role
12 Apr 2020
RBA Annual Report
– 2020
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2020/our-role.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
Annual Performance Statement for 2016/17
25 Sep 2017
RBA Annual Report
– 2017
a). Summary Performance Measures. Results. Monetary policy. Achieve inflation target. Consumer price inflation maintained between 2–3 per cent, on average, over the medium term. ... the time, were consistent with achieving the inflation target of
https://www.rba.gov.au/publications/annual-reports/rba/2017/annual-performance-statement.html
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
Functions and Objectives
12 Sep 2014
RBA Annual Report
– 2014
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is to keep consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2014/functions.html
Annual Performance Statement for 2019/20
12 Apr 2020
RBA Annual Report
– 2020
Flexible medium-term inflation target to achieve consumer price inflation of between 2 and 3 per cent, on average, over time. ... Achieving the inflation target preserves the value of money and facilitates strong and sustainable growth in the economy
https://www.rba.gov.au/publications/annual-reports/rba/2020/annual-performance-statement.html
Our Charter, Core Functions and Values
16 Oct 2015
RBA Annual Report
– 2015
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is to keep consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2015/our-charter-core-functions-and-values.html
Annual Performance Statement for 2018/19
17 Oct 2019
RBA Annual Report
– 2019
with achieving the inflation target and fostering sustainable economic growth in Australia. ... This will, in turn, assist with faster progress in reducing unemployment and more assured progress towards achieving the inflation target.
https://www.rba.gov.au/publications/annual-reports/rba/2019/annual-performance-statement.html
Governor's Foreword
20 Sep 2018
RBA Annual Report
– 2018
Inflation rates remain low, but have generally moved closer to central bank targets. ... Economic growth has gradually picked up and inflation is moving closer to the Reserve Bank's target.
https://www.rba.gov.au/publications/annual-reports/rba/2018/governors-foreword.html
Economic Developments
9 Mar 2023
RBA Annual Report
– 1988
This, plus some concerns about inflation, led to a gradual tightening in U.S. ... Import prices increased by only about 1 per cent, largely because of the strengthening Australian dollar and low inflation abroad.
https://www.rba.gov.au/publications/annual-reports/rba/1988/eco-developments.html