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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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Australia's Inflation Target | Explainer | Education

22 Mar 2024
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/explainers/australias-inflation-target.html

Inflation Target

9 Mar 2023
The inflation target is a flexible framework to achieve price stability, recognising the importance of low and stable inflation. ... The inflation target is also, necessarily, forward-looking. This approach allows a role for monetary policy in dampening
https://www.rba.gov.au/inflation/inflation-target.html

Inflation Overview

22 Jan 2024
The Reserve Bank Board sets monetary policy such that inflation is expected to return to the midpoint of this target. ... Learn more about the inflation target.
https://www.rba.gov.au/inflation-overview.html

Inflation Target

9 Mar 2023
The inflation target is a flexible framework to achieve price stability, recognising the importance of low and stable inflation. ... The inflation target is also, necessarily, forward-looking. This approach allows a role for monetary policy in dampening
https://www.rba.gov.au/monetary-policy/inflation-target.html

What is an Optimal Inflation Target?

10 May 1996 Speech
Bernie Fraser
Speech by Bernie Fraser to the Symposium to mark the 25th Anniversary of the Monetary Authority of Singapore
https://www.rba.gov.au/speeches/1996/sp-gov-100596.html

Inflation

10 Nov 2023 SMP – November 2023
Inflation | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/inflation.html

Fiscal Policy and the Inflation Target

4 Apr 2014 RDP 2014-02
Peter Tulip
However, discussions of monetary policy have neglected this fiscal activism, leading to over-estimates of the costs of the zero lower bound and, hence, of the appropriate inflation target. ... An increase in the inflation target is not warranted, despite
https://www.rba.gov.au/publications/rdp/2014/2014-02.html
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The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Stephen Grenville
RBA Annual Conference – 1997 The Evolution of Monetary Policy: From Money Targets to Inflation Targets Stephen Grenville. ... For this, a new element – an inflation target – was added to the policy framework.
https://www.rba.gov.au/publications/confs/1997/grenville.html

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

10 Oct 1998 Bulletin – October 1998
Bulletin – October 1998 The Implications of Recent Changes to the Consumer Price Index for Monetary Policy and the Inflation Target. ... Download 35. KB. Since 1993, the conduct of monetary policy in Australia has been based on an inflation target.
https://www.rba.gov.au/publications/bulletin/1998/oct/1.html

Discussion on The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
pushing the message that the institution has now largely cleaned up its act in a series of steps from the late 1980s onwards culminating in the adoption of an inflation target ... Finally, not even the notion of inflation targets is new. What is
https://www.rba.gov.au/publications/confs/1997/hughes-disc.html