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
Measuring Core Inflation in Australia with Disaggregate Ensembles | Conference – 2009
17 Aug 2009
Conferences
As an example, we calculate the (one-step-ahead) probability that measured inflation exceeds the upper range and midpoint of the inflation target. ... The target for monetary policy in Australia is to achieve an inflation rate of 2–3 per cent, on
https://www.rba.gov.au/publications/confs/2009/ravazzolo-vahey.html
Discussion on Inflation Measurement for Central Bankers | Conference – 2004
9 Aug 2004
Conferences
This type of change would, therefore, require a transition that brings actual inflation according to the new measure into line with an unchanged inflation target. ... Also, the inflation target must obviously be set high enough to account for the bias.
https://www.rba.gov.au/publications/confs/2004/hill-disc.html
Resilience of the Australian Financial System
6 Oct 2023
FSR
– October 2023
Resilience of the Australian Financial System | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/australian-financial-system.html
The Global Financial Environment
8 Apr 2022
FSR
– April 2022
rates due to high and persistent inflation, and further waves of COVID-19. ... Markets expect policy rates in many economies to generally remain below rates that historically have been needed to slow inflation back to central banks' targets.
https://www.rba.gov.au/publications/fsr/2022/apr/global-financial-environment.html
The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997
21 Jul 1997
Conferences
This issue applies to any targeting regime, but is most frequently raised with respect to inflation targets, where the distinction is between an inflation-rate and a price-level target. ... Exchange-rate pegging. Monetary target. Inflation target. No
https://www.rba.gov.au/publications/confs/1997/edey.html
Inflation in Australia: Measurement and Modelling | Conference – 2004
9 Aug 2004
Conferences
For this reason, the RBA initially phrased its inflation target in terms of the Treasury underlying series of inflation. ... The RBA restated its inflation target in terms of CPI inflation, and publication of the Treasury underlying series was ceased
https://www.rba.gov.au/publications/confs/2004/heath-roberts-bulman.html
Introduction | Conference – 2004
9 Aug 2004
Conferences
In other words, what matters more is the existence of an inflation target. ... Without an instrument to ensure the target is attained, any announcement of an inflation target would therefore lack credibility.
https://www.rba.gov.au/publications/confs/2004/intro-2004.html
A Perspective | Conference – 1992
10 Jul 1992
Conferences
On the other hand, money aggregates continue to be relevant indicators, along with others, if a price inflation target is accepted, though such indicators have to be carefully interpreted. ... without any nominal wages having to fall, and without
https://www.rba.gov.au/publications/confs/1992/corden.html
Discussion on Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
Baltensperger, Fischer and Jordan (2002) have argued that central banks that enjoy a measure of goal independence may refrain from binding themselves with an inflation target. ... Reference. Baltensperger E, AM Fischer and TJ Jordan (2002), ‘Abstaining
https://www.rba.gov.au/publications/confs/2004/ito-disc.html
Relative Price Shocks, Inflation Expectations, and the Role of Monetary Policy | Conference – 2009
17 Aug 2009
Conferences
five of which explicitly target inflation, and ask: to what extent are disagreements over forecasts of inflation driven by movements in relative prices? ... The shaded areas highlight, where relevant, the period before inflation targets were introduced.
https://www.rba.gov.au/publications/confs/2009/siklos.html