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.
Search Results
Inflation Convergence
31 Dec 2004
RDP
2004-04
They initially produce results suggesting benefits from inflation targeting, namely that the seven OECD countries that adopted inflation targets experienced larger falls in inflation than the thirteen OECD countries that did ... Countries that did not
https://www.rba.gov.au/publications/rdp/2004/2004-04/inflation-convergence.html
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Disagreement about Inflation Expectations
1 Apr 2016
RDP
2016-02
As discussed in the introduction, one justification for relatively low inflation targets is that low levels of inflation are likely to be associated with low levels of uncertainty about inflation. ... In addition, inattentiveness might actually suggest a
https://www.rba.gov.au/publications/rdp/2016/2016-02/full.html
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Price Targets or Nominal Income Targets?
1 Jul 1989
RDP
8905
https://www.rba.gov.au/publications/rdp/1989/8905/price-targets-or-nominal-income-targets.html
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Annual Performance Statement
9 Aug 2023
RBA Annual Report
- 2022
PDF
186KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/annual-performance-statement.pdf
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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The Model
1 Sep 2000
RDP
2000-06
The inflation target embedded in the monetary-policy rule acts as the nominal anchor and brings about nominal equilibrium in the model. ... Repeating this experiment with a monetary-policy rule that responds to the deviation of non-tradeable (rather than
https://www.rba.gov.au/publications/rdp/2000/2000-06/model.html
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5 September 2023 | Minutes of the Monetary Policy Meeting of the Board
19 Sep 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 September 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-09-05.html
MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
to deviations of trimmed mean inflation from the inflation target, the unemployment gap and the. ... interest rates to meet its inflation target) others (such as the assumption that long-run expenditure.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
1 June 2021 | Minutes of the Monetary Policy Meeting of the Board
1 Jun 2021
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 June 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-06-01.html
Inflation Performance
31 Dec 2001
RDP
2001-02
Furthermore, in the period since the adoption of the inflation target, it is clear that inflation has been below 2 per cent for longer than it has been above 3 per ... of having an inflation target; in fact, I cannot recall anyone even contemplating it
https://www.rba.gov.au/publications/rdp/2001/2001-02/inflation-performance.html
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