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.
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Introduction
31 Dec 2012
RDP
2012-01
Also, fluctuations in global output and international trade can influence domestic demand and therefore domestic inflation. ... Policy responses across countries will also be important. While an inflation-targeting central bank with an independent
https://www.rba.gov.au/publications/rdp/2012/2012-01/introduction.html
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The Consequences of Low Interest Rates for the Australian Banking Sector
19 Dec 2022
RDP
PDF
1588KB
or less? If the central bank is solely focused on achieving its current inflation and unemployment. ... With a constant. inflation target, if the neutral rate is low by historical standards, the nominal policy rate will also.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-08.pdf
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
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Asset-price Bubbles and Monetary Policy
1 Dec 2009
RDP
PDF
63KB
The first is a result of the way inflation targets are actually implemented. ... Centralbanks with inflation targets do not target the current rate of inflation but rather the.
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9709.pdf
Evidence on the Formation of Inflation Expectations
1 Feb 1998
RDP
9803
It is worth observing that while this measure of inflation expectations is currently around 2 to 3 per cent, the Australian inflation target is expressed in terms of a medium-term ... Given that the inflation target is a medium-term mean, short-term
https://www.rba.gov.au/publications/rdp/1998/1998-03/evidence-on-the-formation-of-inflation-expectations.html
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Model
23 Nov 2016
RDP
2016-08
In the figure, the lines labelled ‘stochastic’ represent the stochastic simulation of GDP, consumption, investment and real wages growth as well as inflation and interest rates. ... As the central bank's inflation target remains constant, the
https://www.rba.gov.au/publications/rdp/2016/2016-08/model.html
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China’s Evolving Monetary Policy Framework in International Context
4 Dec 2019
RDP
PDF
1923KB
Renewal of the Inflation-Control Target. (2016). BoE Remit for the Monetary Policy Committee. ... Inflation. Operational target(s) Monetary base. 7-day interbank repo rate. Overnight cash rate target.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf
The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets
1 Feb 2020
RDP
2020-02
Δ. c. r. t. represents the quarterly percentage point change in the cash rate target. ... In particular, the Reserve Bank focuses on aggregate measures of economic activity and inflation in setting monetary policy.
https://www.rba.gov.au/publications/rdp/2020/2020-02/full.html
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Literature Review
31 Dec 2006
RDP
2006-11
of inflation can be obtained by placing zero weight on movements in these items. ... This concept of ‘monetary inflation’ is expressed in the quantity theory of money.
https://www.rba.gov.au/publications/rdp/2006/2006-11/literature-review.html
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Appendix B: Data Definitions
31 Mar 1999
RDP
1999-03
RDP 1999-03: Householders' Inflation Expectations Appendix B: Data Definitions. Andrea Brischetto and Gordon de Brouwer. ... ABS Cat. No. 6202.03, Table 2. From 1990 onwards, the target cash rate.
https://www.rba.gov.au/publications/rdp/1999/1999-03/appendix-b.html
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