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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2 May 2023 | Minutes of the Monetary Policy Meeting of the Board
16 May 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-05-02.html
Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada | Conference – 2018
12 Apr 2018
Conferences
The BoC and the government thus opted to extend the 2 per cent inflation target through to 2016. ... It crucially assumes that agents always perceive the inflation target as credible, leaving long-run inflation expectations well anchored.
https://www.rba.gov.au/publications/confs/2018/carter-mendes-schembri.html
The Australian Government's Current Approach to Monetary Policy: An Evaluation | Conference – 1997
21 Jul 1997
Conferences
King (1996) lists eight countries which have recently adopted an explicit inflation target. ... It is argued below that an inflation target is an appropriate single objective.
https://www.rba.gov.au/publications/confs/1997/stemp.html
The Great Inflation, The Great Disinflation, and Policies for Future Price Stability | Conference – 1992
10 Jul 1992
Conferences
Assuming no long-run trend in velocity, and given a growth rate of potential output of 3 per cent this implies a reduction in the inflation target from 4 per cent ... target (iii) a weighted deviation of the inflation rate (or the price level) from some
https://www.rba.gov.au/publications/confs/1992/taylor.html
Future Directions for Monetary Policies in East Asia
26 Nov 2006
Conferences
PDF
1209KB
RBA Conference Volume 2001
https://www.rba.gov.au/publications/confs/2001/pdf/conf-vol-2001.pdf
4 April 2023 | Minutes of the Monetary Policy Meeting of the Board
18 Apr 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html
Inflation and Disinflation in Australia: 1950–91 | Conference – 1992
31 Dec 1950
Conferences
RBA Annual Conference – 1992 Inflation and Disinflation in Australia: 1950–91 Glenn Stevens. ... Simkin (1972) looked at inflation from the mid-1950s to the late 1960s.
https://www.rba.gov.au/publications/confs/1992/stevens.html
4 July 2023 | Minutes of the Monetary Policy Meeting of the Board
18 Jul 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-07-04.html
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