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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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Economic Outlook

10 Nov 2023 SMP – November 2023
Economic Outlook | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/economic-outlook.html

Inflation Targeting in a Small Open Economy

1 Dec 2009 RDP PDF 421KB
JEL Classification Numbers: C61, E52, E58, F41Keywords: inflation targets, open economy, non-traded inflation,. ... frequent adjustments tothe interest rate in order to achieve a strict inflation target.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9807.pdf

In Depth – Full Employment

6 Feb 2024 SMP – February 2024
In Depth – Full Employment | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/in-depth-full-employment.html

Inflation Expectations in Advanced Economies

16 Mar 2017 Bulletin – March 2017
Rachel Adeney, Ivailo Arsov and Richard Evans
Anchored inflation expectations are important for price stability because expectations affect current actions. Although all inflation expectations measures provide some information about future inflation, professional forecasters have been the most
https://www.rba.gov.au/publications/bulletin/2017/mar/4.html

Measures of Inflation Expectations in Australia

15 Dec 2016 Bulletin – December 2016
Angus Moore
Inflation expectations have an important influence on wage growth and price inflation. Expectations differ across agents and time and, accordingly, the Reserve Bank monitors a range of measures. This article discusses why inflation expectations are
https://www.rba.gov.au/publications/bulletin/2016/dec/3.html

Financial Conditions

7 May 2024 SMP – May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html

Models of Inflation Regimes

1 May 1997 RDP 9701
Joseph E. Gagnon
Expected inflation in subsequent periods is a weighted average of the current inflation target and the expected value of future inflation targets, as shown by Equations (4) and (5). ... Expected inflation more than one period ahead is a weighted average
https://www.rba.gov.au/publications/rdp/1997/9701/model.html
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Inflation

3 Nov 2022 SMP - November 2022 PDF 1744KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/04-inflation.pdf

January | 2024

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

5-6 February 2024 | Minutes of the Monetary Policy Meeting of the Board

20 Feb 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5-6 February 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-02-06.html