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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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
Twenty-five Years of Inflation Targeting in Australia
26 Apr 2018
Speech
PDF
237KB
New Zealand had announced its inflation target in 1989, followed by Canada and Sweden. ... As noted, the inflation target was first adopted by the Reserve Bank in 1993.
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-04-12.pdf
Inflation and the Monetary Policy Framework
8 Sep 2022
Speech
Speech delivered by Philip Lowe, Governor, to the Anika Foundation, Sydney
https://www.rba.gov.au/speeches/2022/sp-gov-2022-09-08.html
The Case for Inflation Targeting in East Asian Countries | Conference – 2001
24 Jul 2001
Conferences
For example, in New Zealand these events are specified in the Policy Targets Agreement, which defines the inflation target, and include: large movements in commodity prices, changes in indirect taxes and ... 4.1 Inflation targets and exchange rate goals:
https://www.rba.gov.au/publications/confs/2001/debelle.html
Inflation and Recent Economic Data
8 Mar 2023
Speech
Speech delivered by Philip Lowe, Governor, to the Financial Review Business Summit 2023, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-03-08.html
The Case for Inflation Targeting in East Asian Countries
26 Nov 2006
Conferences
PDF
156KB
RBA Conference Volume 2001
https://www.rba.gov.au/publications/confs/2001/pdf/debelle.pdf
Discussion of Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? and What the FOMC Says and Does When…
27 Nov 2006
Conferences
PDF
137KB
RBA Conference Volume 2003
https://www.rba.gov.au/publications/confs/2003/pdf/bean-cecchetti-disc.pdf
Models of Inflation Regimes
1 May 1997
RDP
9701
Expected inflation in subsequent periods is a weighted average of the current inflation target and the expected value of future inflation targets, as shown by Equations (4) and (5). ... Expected inflation more than one period ahead is a weighted average
https://www.rba.gov.au/publications/rdp/1997/9701/model.html
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Monetary Policy in Australia: Complementarities and Trade-offs
24 Oct 2023
Speech
Speech delivered by Michele Bullock, Governor, 2023 Commonwealth Bank Global Markets Conference, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-10-24.html
The Welfare Effects of Alternative Choices of Instruments and Targets for Macroeconomic Stabilisation Policy | Conference – 1997
21 Jul 1997
Conferences
To the extent that there is a welfare-relevant case for an inflation target as opposed to a real-interest-rate target, it must be as a proxy for stabilisation of ... As well as affecting intertemporal price ratios, monetary policy based on an inflation
https://www.rba.gov.au/publications/confs/1997/quiggin.html