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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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Inflation in Australia: Measurement and Modelling | Conference – 2004

9 Aug 2004 Conferences
Alexandra Heath, Ivan Roberts and Tim Bulman
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
Christopher Kent and Simon Guttmann
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

Monetary Policy Frameworks Away from the ELB

20 Dec 2023 Conferences PDF 4375KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-de-fiore-mojon-rees-sandri.pdf

Discussion of Inflation and Interest Rates

27 Nov 2023 Conferences PDF 230KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane-discussion-presentation.pdf

A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018

12 Apr 2018 Conferences
Luke Hartigan and James Morley
index (CPI) inflation in Australia around the numerical target range of 2–3 per cent introduced by the Reserve Bank of Australia (RBA) in 1993 (Stevens 1999). ... The CPI stabilises at a lower level, making it clear that the RBA targets inflation, not
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.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

Wrap-up Panel Discussion

27 Nov 2023 Conferences PDF 144KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-panel-discussion.pdf

The Australian Government's Current Approach to Monetary Policy: An Evaluation | Conference – 1997

21 Jul 1997 Conferences
Peter J. Stemp
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

Dicsussion of Strategies for Controlling Inflation

7 Dec 2006 Conferences PDF 12KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/felman-disc.pdf

Discussion on A Snapshot of Inflation Targeting in its Adolescence | Conference – 2004

9 Aug 2004 Conferences
Orphanides and Williams (2003a, 2003b) illustrate the potential role played by an explicit inflation target in anchoring expectations using a model in which the public must otherwise infer the central ... In this model, successful communication of an
https://www.rba.gov.au/publications/confs/2004/kuttner-disc.html