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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Financial Regulation and the Inflation Environment
1 Dec 1997
RDP
9709
In this way, sound bank regulation makes it easier for the central bank to achieve its inflation target. ... A second issue is whether the target rate of inflation affects the critical parameters of our model.
https://www.rba.gov.au/publications/rdp/1997/9709/financial-regulation-inflation.html
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The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
business cycle) shocks have worked their way through the economy. With a constant inflation target, if the neutral rate is low by historical standards, the nominal policy rate will also tend ... Central bank deposits in Australia are remunerated at a
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
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June | 2023
15 Jun 2023
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/jun/
Appendix B: Simple Measures of Inflation Behaviour
9 Nov 2009
RDP
2009-06
For IT countries, ‘MAD’ is the mean absolute deviation from the centre of the target band; and ‘Outside band’ is the number of quarters during which the inflation measure was outside ... then 2 per cent CPI inflation from 2004 onwards, with a
https://www.rba.gov.au/publications/rdp/2009/2009-06/appendix-b.html
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Semi-Annual Statement on Monetary Policy
10 Nov 1998
Bulletin
– November 1998
The task for monetary policy has been to try to minimise the damage to the economy from the Asian crisis, and to ensure that the medium-term inflation target is achieved. ... through. It appears unlikely, however, that the inflation target will be
https://www.rba.gov.au/publications/bulletin/1998/nov/1.html
Introduction
1 Sep 1998
RDP
9810
Download the Paper 326. KB. Like several other central banks, the Reserve Bank of Australia has an explicit inflation target; specifically, the Bank's objective is to maintain average inflation over ... Given the notorious long and variable lags of
https://www.rba.gov.au/publications/rdp/1998/1998-10/introduction.html
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Credit Spreads, Monetary Policy and the Price Puzzle
1 Jan 2020
RDP
2020-01
If the Board changes the cash rate for reasons other than achieving its inflation target, these changes can be used as instruments for policy shocks with regard to inflation. ... Since money and credit market conditions provide additional information
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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Results
31 Dec 2005
RDP
2005-04
3 per cent and an inflation target of 2.5 per cent, the midpoint of the 2–3 per cent medium-term target band. ... Since i = r π, this might represent an economy where the neutral real rate, r, is 2 per cent, and target inflation, π, is 1 per cent;
https://www.rba.gov.au/publications/rdp/2005/2005-04/results.html
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Semi-Annual Statement on Monetary Policy
10 May 1998
Bulletin
– May 1998
around 2 per cent by the middle of 1999 – a result in line with the inflation target. ... Domestic Economic Activity. The Australian economy is now entering its seventh year of low-inflation expansion.
https://www.rba.gov.au/publications/bulletin/1998/may/2.html
Statement on Monetary Policy
10 Feb 2004
Bulletin
– February 2004
Australia's recent inflation performance has been marked by contrasting influences from domestic conditions and the exchange rate. ... The Bank of England has switched to targeting the harmonised Consumer Prices Index (CPI), and the inflation target was
https://www.rba.gov.au/publications/bulletin/2004/feb/1.html