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
Discussion of Robust Design Principles for Monetary Policy Committees
18 Dec 2018
Conferences
PDF
146KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-archer-levin-discussion.pdf
Wrap-up Panel Discussion
18 Dec 2018
Conferences
PDF
833KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-panel-discussion.pdf
Introduction to Central Bank Frameworks: Evolution or Revolution?
17 Dec 2018
Conferences
PDF
831KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-introduction.pdf
General Discussion of Session One: Twenty-something Years of Inflation Targeting – What Has Worked? What Has Changed?
17 Dec 2018
Conferences
PDF
60KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-mcdermott-williams-carter-mendes-schembri-debelle-discussion.pdf
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
Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018
12 Apr 2018
Conferences
expectations of private agents and the central bank's inflation target or forecast (King 2005). ... Over time, failure to achieve this would undermine the credibility of the inflation target.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html
Inflation Targeting in New Zealand: An Experience in Evolution | Conference – 2018
12 Apr 2018
Conferences
Lewis M and CJ McDermott (2016), ‘New Zealand's Experience with Changing Its Inflation Target and the Impact on Inflation Expectations’, New Zealand Economic Papers, 50(3), pp 343–361. ... Reddell M (1999), ‘Origins and Early Development of the
https://www.rba.gov.au/publications/confs/2018/mcdermott-williams.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
A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
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
Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018
12 Apr 2018
Conferences
The MPC's primary target is inflation, as measured by the rate of change of the Consumer Prices Index (CPI). ... In addition, the MPC's remit involves a secondary objective, subject to the primary inflation target, to stabilise the real economy.
https://www.rba.gov.au/publications/confs/2018/broadbent.html