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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Discussion on Productivity: The Lost Decade | Conference – 2011
16 Aug 2011
Conferences
Growth in unit labour costs over this period has mostly been above a rate that is consistent with Australia's medium-term inflation target of 2–3 per cent (the exception ... To achieve nominal unit labour cost growth that is consistent with the
https://www.rba.gov.au/publications/confs/2011/eslake-disc.html
Discussion of The Debate on Alternatives for Monetary Policy in Australia
7 Dec 2006
Conferences
PDF
25KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/mcdonald-disc.pdf
Fiscal, Monetary and Macroprudential Regimes: Incentives-Values Compatibility in Constitutional Democracies
28 Dec 2022
Conferences
PDF
375KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-tucker.pdf
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
However, monetary policy rates in inflation-targeting economies can only have a unit root if the neutral real rate has a unit root. ... Moreover, there is evidence that interest rates were mean-reverting before inflation targeting (see Figure 2 in Simon
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
Asset Prices and Monetary Policy
18 Aug 2003
Conference
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2003
The Reserve Bank of Australia 2003 conference, ‘Asset Prices and Monetary Policy’
https://www.rba.gov.au/publications/confs/2003/
The Welfare Effects of Alternative Choices of Instruments and Targets for Macroeconomic Stabilisation Policy
7 Dec 2006
Conferences
PDF
463KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/quiggin.pdf
Discussion of The Case for Inflation Targeting in East Asian Countries
26 Nov 2006
Conferences
PDF
57KB
RBA Conference Volume 2001
https://www.rba.gov.au/publications/confs/2001/pdf/debelle-disc.pdf
Summaries of Monetary Policy and Inflation Targeting
7 Dec 2006
Conferences
PDF
23KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/summaries-97.pdf
Monetary Policy and Inflation Targeting
7 Dec 2006
Conferences
PDF
1674KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/conf-vol-1997.pdf
What the FOMC Says and Does When the Stock Market Booms | Conference – 2003
18 Aug 2003
Conferences
where r is the nominal federal funds rate, π. t. is current inflation, π is the inflation target (Taylor set this to 2 per cent), and y. ... where. is the desired (equilibrium) short-term interest rate, r is the equilibrium real interest rate plus the
https://www.rba.gov.au/publications/confs/2003/cecchetti.html