Search: inflation
RBA Glossary definition for inflation
inflation – A measure of the change (increase) in the general level of prices.
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Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Apr 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-08.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Jun 2023
Media Releases
High inflation makes life difficult for people and damages the functioning of the economy. ... Wages growth has picked up in response to the tight labour market and high inflation.
https://www.rba.gov.au/media-releases/2023/mr-23-13.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 Nov 2021
Media Releases
Inflation has picked up, but in underlying terms is still low, at 2.1 per cent. ... The central forecast is for underlying inflation of around 2 per cent over 2021 and 2022 and 2 per cent over 2023.
https://www.rba.gov.au/media-releases/2021/mr-21-24.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Feb 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-04.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Sep 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-28.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Feb 2022
Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. It also decided to cease further purchases under the bond purchase program, with the
https://www.rba.gov.au/media-releases/2022/mr-22-02.html
Appointment: Andrew Hauser as Deputy Governor
27 Nov 2023
Media Releases
The Governor, Michele Bullock, today welcomed the appointment by the Treasurer of Andrew Hauser to the position of Deputy Governor of the Reserve Bank of Australia and as a member of the Reserve Bank Board.
https://www.rba.gov.au/media-releases/2023/mr-23-34.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Jul 2022
Media Releases
At its meeting, the Board decided to increase the cash rate target by 50 basis points to 1.35 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-20.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 Aug 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-21.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Nov 2020
Media Releases
In underlying terms, inflation is forecast to be 1 per cent in 2021 and 1 per cent in 2022. ... Given the outlook for both employment and inflation, monetary and fiscal support will be required for some time.
https://www.rba.gov.au/media-releases/2020/mr-20-28.html