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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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Cash Rate Target Overview

12 Feb 2024
The Reserve Bank Board decides whether to change or maintain the cash rate target. ... These meetings follow the release of key economic data on inflation and economic activity.
https://www.rba.gov.au/cash-rate-target-overview.html

Bulletin

18 Apr 2024 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/

Financial Conditions

6 Feb 2024 SMP – February 2024
Financial Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/financial-conditions.html

Videos | Education

19 Mar 2024
Australia's Inflation Target. 19 March 2021. A Video Explainer discussing the Reserve Bank's flexible inflation targeting framework. ... Australia's Inflation Target.
https://www.rba.gov.au/education/resources/videos.html

The Outlook for Inflation and Employment

13 Feb 2024 Speech
Marion Kohler
Speech delivered by Marion Kohler, Head of Economic Analysis Department, to the ABE Annual Forecasting Conference, Sydney
https://www.rba.gov.au/speeches/2024/sp-so-2024-02-13.html

Inflation and Monetary Policy

21 Jun 2022 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, to American Chamber of Commerce in Australia (AMCHAM), Sydney
https://www.rba.gov.au/speeches/2022/sp-gov-2022-06-21.html

Discussion of Designing Inflation Targets

7 Dec 2006 Conferences PDF 35KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/brash-debelle-disc.pdf

The Non-Accelerating Inflation Rate of Unemployment (NAIRU) | Explainer | Education

30 Apr 2024
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/explainers/nairu.html

Videos: Functions and Activities

22 Jan 2024
It does this by setting the cash rate to meet an inflation target, working to maintain a strong financial system and efficient payments system, and issuing the nation's banknotes. ... All this affects economic activity. In deciding where to set the cash
https://www.rba.gov.au/about-rba/videos/

Overview

20 Nov 2023 SMP - November 2023 PDF 82KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/overview.pdf