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
Fiscal Policy and the Inflation Target
4 Apr 2014
RDP
2014-02
However, discussions of monetary policy have neglected this fiscal activism, leading to over-estimates of the costs of the zero lower bound and, hence, of the appropriate inflation target. ... An increase in the inflation target is not warranted, despite
https://www.rba.gov.au/publications/rdp/2014/2014-02.html
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The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
RBA Annual Conference – 1997 The Evolution of Monetary Policy: From Money Targets to Inflation Targets Stephen Grenville. ... For this, a new element – an inflation target – was added to the policy framework.
https://www.rba.gov.au/publications/confs/1997/grenville.html
Discussion on The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
pushing the message that the institution has now largely cleaned up its act in a series of steps from the late 1980s onwards culminating in the adoption of an inflation target ... Finally, not even the notion of inflation targets is new. What is
https://www.rba.gov.au/publications/confs/1997/hughes-disc.html
Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? | Conference – 2003
18 Aug 2003
Conferences
RBA Annual Conference – 2003 Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? ... policy. But their analysis does suggest that a richer interest rate reaction function may be required in the pursuance of that
https://www.rba.gov.au/publications/confs/2003/bean.html
Designing Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
Over what horizon? Is a price-level or inflation target to be preferred? ... That is also in line with Australia's ‘thick point’ inflation target of 2–3 per cent (Debelle and Stevens 1995) and with the inflation targets set by most other countries,
https://www.rba.gov.au/publications/confs/1997/haldane.html
Long-run Inflation Targets
1 Jul 1998
RDP
9806
Download the Paper 139. KB. This section presents the good news about inflation targets. ... In practice, countries with inflation targets do not formally adjust for exchange rates in the way suggested here.
https://www.rba.gov.au/publications/rdp/1998/1998-06/long-run-inflation-targets.html
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Round-up | Conference – 1997
21 Jul 1997
Conferences
There is a set of broad conclusions about inflation targets that most conference participants accept. ... Unlike rigid rules such as money targets, inflation targets allow appropriate responses to various kinds of shocks.
https://www.rba.gov.au/publications/confs/1997/roundup.html
Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
As noted, the inflation target was first adopted by the RBA in 1993. ... of inflation and output objectives in the specification of some other inflation targets.
https://www.rba.gov.au/publications/confs/2018/debelle.html
The Evolution of Monetary Policy: From Money Targets to Inflation Targets
7 Dec 2006
Conferences
PDF
533KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/grenville.pdf
Discussion on The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997
21 Jul 1997
Conferences
Inflation being one of the possible final targets of monetary policy, the inflation-target system is one example of a final-targeting system. ... Thus the simplicity of the inflation target can help to anchor inflationary expectations.
https://www.rba.gov.au/publications/confs/1997/mcdonald-disc.html