Question
The Reserve Bank of Australia adopted the inflation target of 2-3 percent in 1993. Since then, the average inflation rate in Australia has been stablised
The Reserve Bank of Australia adopted the inflation target of 2-3 percent in 1993. Since then, the average inflation rate in Australia has been stablised around the target rate. Why does RBA target inflation? What are the costs of high inflation? How is the inflation target policy implemented via the Open Market Operation?
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Crashed How A Decade Of Financial Crises Changed The World
Authors: Adam Tooze
1st Edition
0143110357, 9780143110354
