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
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
27 Nov 2023
RDP
2023-08
Research Discussion Paper – RDP 2023-08 The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey. Tanya Livermore. , Jack Mulqueeney. , Thuong Nguyen. and Benjamin Watson. November 2023. 1.10. MB. 1.
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
See 2 more results from "RDP 2023-08"
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
21 Nov 2023
RDP
PDF
2354KB
The Evolution of Consumer Payments in Australia: Results from the. 2022 Consumer Payments Survey. Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson. Research Discussion Paper. R DP 2023- 08. Figures in this publication were
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf
The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
21 Jun 2023
RDP
2023-05
CPI growth. Year-on-year inflation. Housing price growth. Year-on-year growth in housing prices (apartments and houses). ... t. Y. t. are macroeconomic controls and consist of real GDP growth, housing price growth and CPI inflation.
https://www.rba.gov.au/publications/rdp/2023/2023-05/full.html
See 4 more results from "RDP 2023-05"
The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
8 Jun 2023
RDP
PDF
1310KB
due to high inflation, this paper provides a retrospective assessment of the effect of low interest. ... inflation. , 1i tX are bank-level controls that include deposits over total liabilities, the liquidity ratio.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf
Non-technical summary for ‘Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication?…
12 May 2023
RDP
2023-04
For instance, if the central bank expects that inflation and activity will increase, it will tend to raise rates to keep inflation from rising too far away from its target. ... As such, it could look like inflation is rising in response to higher
https://www.rba.gov.au/publications/rdp/2023/2023-04/non-technical-summary.html
See 8 more results from "RDP 2023-04"
Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
1 May 2023
RDP
PDF
1465KB
to expected future economic outcomes. For instance, if the central bank forecasts that inflation and. ... price puzzle’ is still evident, with Action shocks tending to precede higher inflation.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-04.pdf
Non-technical summary for 'Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication?…
1 May 2023
RDP
PDF
139KB
RDP 2023-04 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-04/rdp-2023-04-non-technical-summary.pdf
Robustness Exercises
3 Jan 2023
RDP
2022-09
One concern with this sample period is that it includes a change in the monetary policy regime; the RBA began to target consumer price inflation in the early-to-mid 1990s. ... Footnotes. Estimating the model in first differences using the
https://www.rba.gov.au/publications/rdp/2022/2022-09/robustness-exercises.html
See 5 more results from "RDP 2022-09"
Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
29 Dec 2022
RDP
PDF
1886KB
5. Robustness Exercises 23. 5.1 Model in first differences 23. 5.2 Inflation-targeting period 24. ... zero restriction), we might assume that inflation does not increase in response to an increase in the.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf
The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
business cycle) shocks have worked their way through the economy. With a constant inflation target, if the neutral rate is low by historical standards, the nominal policy rate will also tend ... Central bank deposits in Australia are remunerated at a
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
See 6 more results from "RDP 2022-08"