Search: inflation
RBA Glossary definition for inflation
inflation – A measure of the change (increase) in the general level of prices.
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Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Sep 2021
Media Releases
The Board is committed to maintaining highly supportive monetary conditions to achieve a return to full employment in Australia and inflation consistent with the target. ... It will not increase the cash rate until actual inflation is sustainably within
https://www.rba.gov.au/media-releases/2021/mr-21-19.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Nov 2022
Media Releases
As is the case in most countries, inflation in Australia is too high. ... Returning inflation to target requires a more sustainable balance between demand and supply.
https://www.rba.gov.au/media-releases/2022/mr-22-36.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Jul 2021
Media Releases
The Board is committed to achieving the goals of full employment and inflation consistent with the target. ... Despite the strong recovery in jobs and reports of labour shortages, inflation and wage outcomes remain subdued.
https://www.rba.gov.au/media-releases/2021/mr-21-13.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Jun 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Apr 2022
Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-11.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Sep 2020
Media Releases
At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-20.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Aug 2021
Media Releases
In underlying terms, inflation is expected to be 1 per cent over 2022 and 2 per cent over 2023. ... The Board will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range.
https://www.rba.gov.au/media-releases/2021/mr-21-14.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Dec 2021
Media Releases
Inflation has increased, but, in underlying terms, is still low, at 2.1 per cent. ... The central forecast is for underlying inflation to reach 2 per cent over 2023.
https://www.rba.gov.au/media-releases/2021/mr-21-29.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Mar 2020
Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-06.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 May 2020
Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-13.html