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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The Economic Outlook
9 Nov 2022
Speech
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738KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-11-09.pdf
The Term Funding Facility, Other Policy Measures, and Financial Conditions
10 Jun 2021
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489KB
more in line withcentral banks' inflation targets (Graph 8). ... Measures ofinflation expectations have returned to levels of a few years ago, when inflation was consistent with,or even below, inflation targets (Graph 9).
https://www.rba.gov.au/speeches/2021/pdf/sp-ag-2021-06-09.pdf
Today's Monetary Policy Decision
4 Nov 2020
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160KB
To be clear, the inflation target remains the cornerstone of Australia's monetary framework. ... For inflation to be sustainablywithin the target range, wage growth will have to be materially higher than it is currently.
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-11-03.pdf
The Recovery, Investment and Monetary Policy
10 Mar 2021
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431KB
This means that, in the absence of another major shock, it is a longway back to seeing wage increases consistent with the inflation target. ... But our judgement is that we are unlikely to see wages growth consistent withthe inflation target before 2024.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-03-10.pdf
8/30/2019 Panel participation by Philip Lowe, Governor, at the ...
30 Aug 2019
Speech
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184KB
cent. They ask, ‘haven’t you gotsomething more important to worry about?'. In Australia, we have long had a flexible inflation target. ... a small open economywith a floating exchange rate and flexible inflation target.
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-08-25.pdf
Central Bank Independence in Retrospect
28 Sep 2017
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72KB
Similarly, in Australia the average inflation rate has been2.4 per cent, again right around the middle of the inflation target. ... The Bank of England is a prime example of this.One question that arises is how the financial stability goal interacts with
https://www.rba.gov.au/speeches/2017/pdf/sp-dg-2017-09-28.pdf
The Why, How and What of Forecasting
5 May 2023
Speech
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745KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-03.pdf
Remarks at the Reserve Bank Board Dinner
1 Nov 2022
Speech
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191KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-11-01.pdf
9/14/21, 1:55 PM Delta, the Economy and Monetary Policy ...
14 Sep 2021
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386KB
Our judgement is that it will take some time for wage increases to lift to a rate that is consistent withachieving the inflation target. ... Our job is to achieve the inflation target and support the return to full employment in Australia.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-09-14.pdf
Supporting Growth in the Short Run and the Long
11 Oct 2018
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171KB
In the case of monetary policy, that framework is the medium-term inflation target that wasadopted a quarter-century ago. ... These things are not in conflict with an inflation target. Rather, they inform howthat inflation-targeting regime operates day-to
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-10-11.pdf