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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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Outlook

6 Feb 2024 SMP – February 2024
Outlook | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/outlook.html

The Australian Experience with Inflation Targeting

15 May 2009 Speech
Guy Debelle
Speech by Guy Debelle to the Banco Central do Brasil XI Annual Seminar on Inflation Targeting, Rio de Janeiro
https://www.rba.gov.au/speeches/2009/sp-ag-150509.html

What is Monetary Policy? | Explainer | Education

15 Mar 2024
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/explainers/what-is-monetary-policy.html

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

Overview

6 Feb 2024 SMP – February 2024
Overview | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/overview.html

Discussion on The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997

21 Jul 1997 Conferences
Inflation being one of the possible final targets of monetary policy, the inflation-target system is one example of a final-targeting system. ... Thus the simplicity of the inflation target can help to anchor inflationary expectations.
https://www.rba.gov.au/publications/confs/1997/mcdonald-disc.html

In a Nutshell | Education

4 May 2023
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/in-a-nutshell/

The International Environment

5 May 2023 SMP – May 2023
The International Environment | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/the-international-environment.html

Statement by the Reserve Bank Board: Monetary Policy Decision

19 Mar 2024 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-05.html

Discussion on Designing Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
This applies both in assessing the costs and benefits of moving to a lower inflation target. ... 1179–1191. 3. General Discussion. The discussion focused on how an inflation target should be designed.
https://www.rba.gov.au/publications/confs/1997/brash-debelle-disc.html