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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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The Implications of Recent Changes to the Consumer Price Index for Monetary Policy and the Inflation Target

23 Feb 2001 Bulletin PDF 34KB
for Monetary Policy andthe Inflation Target. Introduction. Since 1993, the conduct of monetary policyin Australia has been based on an inflationtarget. ... The Implications of Recent Changes to the CPI for Monetary Policy and the Inflation Target October
https://www.rba.gov.au/publications/bulletin/1998/oct/pdf/bu-1098-1.pdf

Fiscal Policy and the Inflation Target

4 Feb 2015 RDP PDF 847KB
The idea that fiscal activism might lower the inflation target is not new. ... 20. Table 2: Simulated Outcomes at Different Inflation Targets Inflation target 0 per cent 1 per cent 2 per cent 4 per cent Panel A.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-02.pdf

Inflation Expectations and Economic Literacy

29 Jan 2024 Bulletin - January 2024 PDF 1213KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/inflation-expectations-and-economic-literacy.pdf

Inflation Targeting in a Small Open Economy

1 Dec 2009 RDP PDF 421KB
JEL Classification Numbers: C61, E52, E58, F41Keywords: inflation targets, open economy, non-traded inflation,. ... frequent adjustments tothe interest rate in order to achieve a strict inflation target.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9807.pdf

Bulletin

29 Jan 2024 Bulletin - January 2024 PDF 5775KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/bulletin-2024-01.pdf

Monetary Policy Goals for Inflation in Australia

30 Nov 2009 RDP PDF 85KB
is a relative paucity of academic literature on operating monetary policy withexplicit inflation targets. ... Since in many instances theannouncement of inflation targets is a relatively recent phenomenon, and no countryhas yet operated with an inflation
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9503.pdf

Six Years of Inflation Targeting

23 Feb 2001 Bulletin PDF 103KB
We have not spelt out atolerance interval, as have some of the othercountries with inflation targets. ... Appendix. Table A1: Characteristics of Inflation Targets. Country Date adopted Target Target variable.
https://www.rba.gov.au/publications/bulletin/1999/may/pdf/bu-0599-2.pdf

What Do Firms Tell Us About the Inflation Outlook?

29 Jan 2024 Bulletin - January 2024 PDF 770KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/what-do-firms-tell-us-about-the-inflation-outlook.pdf

Inflation and Changing Public Attitudes

21 Aug 2002 Bulletin PDF 81KB
ago to introduce an‘inflation target’. ... beconsistent with holding inflation to an averageof between 2 and 3 per cent.
https://www.rba.gov.au/publications/bulletin/1995/dec/pdf/bu-1295-2.pdf

The Death of Inflation?

23 Feb 2001 Bulletin PDF 42KB
Perhaps. This same potential dangerapplies to inflation targets (even New Zealandchanged its target). ... knowledge,we need the anchor of a simple rule such asthe inflation target.
https://www.rba.gov.au/publications/bulletin/1997/may/pdf/bu-0597-2.pdf