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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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
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/
Payments System Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf
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
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
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
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
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
Reserve Bank of Australia Annual Report 2020 - Annual Performance Statement for 2019/20
14 Oct 2020
Annual Report
PDF
466KB
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/pdf/annual-performance-statement.pdf
Governor's Foreword
17 Oct 2019
RBA Annual Report
– 2019
Inflation remains low, with less progress having been made towards the medium-term inflation target than was expected this time last year. ... This easing of monetary policy will help boost jobs growth and support more assured progress towards the
https://www.rba.gov.au/publications/annual-reports/rba/2019/governors-foreword.html