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 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
Introduction
21 Dec 2022
RDP
2022-08
If the central bank is solely focused on achieving its current inflation and unemployment objectives, the answer is surely more. ... While this is theoretically possible in Australia, I show that it would require an extreme and highly unlikely scenario
https://www.rba.gov.au/publications/rdp/2022/2022-08/introduction.html
The Low Interest Rate Environment
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
https://www.rba.gov.au/publications/rdp/2022/2022-08/the-low-interest-rate-environment.html
Conclusions, Policy Implications and Future Research
21 Dec 2022
RDP
2022-08
As noted in Section 5, even if Australia faced an extreme scenario in which banks remained below their target capital ratio for an extended period of time and they remained excluded ... Given that BA-MARTIN is a large macro model, this research could
https://www.rba.gov.au/publications/rdp/2022/2022-08/conclusions-policy-implications-and-future-research.html