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
Empirical Results
1 Dec 1996
RDP
9611
RDP 9611: A Markov-Switching Model of Inflation in Australia 4. Empirical Results. ... This highlights the potential that announced inflation targets have to reduce the volatility of inflation, in that they are associated with less uncertainty about the
https://www.rba.gov.au/publications/rdp/1996/9611/empirical-results.html
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Is the Phillips Curve Still a Curve? Evidence from the Regions
31 Aug 2021
RDP
2021-09
shocks. Cost-push shocks move the economy away from the central bank's inflation target without necessarily moving the economy away from full employment. ... determined solely by the credibility of the RBA's inflation target (which is common to all
https://www.rba.gov.au/publications/rdp/2021/2021-09/full.html
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Financial Stability Assessment
22 Mar 2024
FSR
– March 2024
Financial Stability Assessment | Financial Stability Review – March 2024
https://www.rba.gov.au/publications/fsr/2024/mar/financial-stability-assessment.html
Appendix B: Simple Measures of Inflation Behaviour
9 Nov 2009
RDP
2009-06
For IT countries, ‘MAD’ is the mean absolute deviation from the centre of the target band; and ‘Outside band’ is the number of quarters during which the inflation measure was outside ... then 2 per cent CPI inflation from 2004 onwards, with a
https://www.rba.gov.au/publications/rdp/2009/2009-06/appendix-b.html
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The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
Figure 4: April 2023 AGS Yield and the Introduction of the Yield Target. ... Purchases in $b. Purchases as a share of free float of target bond.
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html
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The Global Financial Environment
8 Apr 2021
FSR
– April 2021
A jump in long-term bond yields, for example from an abrupt reassessment of the risk of inflation, could lead to disruptive falls in asset prices. ... This dilemma would be compounded if government bond yields were to rise substantially in advanced
https://www.rba.gov.au/publications/fsr/2021/apr/global-financial-environment.html
The Global and Macro-financial Environment
22 Mar 2024
FSR
– March 2024
The Global and Macro-financial Environment | Financial Stability Review – March 2024
https://www.rba.gov.au/publications/fsr/2024/mar/the-global-and-macro-financial-environment.html
China’s Evolving Monetary Policy Framework in International Context
4 Dec 2019
RDP
PDF
1923KB
Renewal of the Inflation-Control Target. (2016). BoE Remit for the Monetary Policy Committee. ... Inflation. Operational target(s) Monetary base. 7-day interbank repo rate. Overnight cash rate target.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf
References
31 Dec 2005
RDP
2005-05
Clements KW and HY Izan (1987), ‘The measurement of inflation: a stochastic approach’,. ... Bulletin. , August, pp 1–6. Reserve Bank of Australia (1998), ‘The implications of recent changes to the consumer price index for monetary policy and the
https://www.rba.gov.au/publications/rdp/2005/2005-05/references.html
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Nominal Wage Rigidity in Australia
1 Nov 2000
RDP
2000-08
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2000/2000-08.html
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