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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Monetary Policy Goals for Inflation in Australia
30 Nov 2009
RDP
PDF
85KB
is a relative paucity of academic literature on operating monetary policy withexplicit inflation targets. ... Since in many instances theannouncement of inflation targets is a relatively recent phenomenon, and no countryhas yet operated with an inflation
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9503.pdf
China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
The precise manner in which the high-level objectives for monetary policy translate into inflation targets differs only to a degree across advanced economies. ... Unlike inflation targets in most inflation-targeting monetary policy frameworks, the
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
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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
The Cost of Inflation in Australia | Conference – 1992
10 Jul 1992
Conferences
the public generally prefers policy directed at reducing unemployment rather than reducing inflation. ... In countries such as Canada, where in recent years a strong case has been made that inflation imposes significant and measurable social costs, a
https://www.rba.gov.au/publications/confs/1992/mctaggart.html
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
Fifth, if the public believes in the inflation target, the long-term interest rate would increase and this would damage the economy. ... First, the inflation target ceiling rate is not specified. Second, the projected date when the Bank would like to
https://www.rba.gov.au/publications/confs/2004/ito.html
Inflation and Inequality: How High Inflation is Affecting Different Australian Households
23 Nov 2023
Conferences
PDF
1469KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-wood-chan-coates.pdf
Round-up of Monetary Policy and Inflation Targeting
7 Dec 2006
Conferences
PDF
20KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/roundup.pdf
Central Bank Frameworks: Evolution or Revolution?
4 Jan 2023
Conferences
PDF
7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf
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
Tests of Simple Targeting Rules for Monetary Policy
2 Dec 2008
Research Workshop
PDF
353KB
Reserve Bank of Australia Workshop 2008: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2008/otto.pdf