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Topic

Inflation Target

A collection of 2 issues

Background to the RBA decision today at 2.30pm

The RBA meets tomorrow with underlying inflation at 3.6%, unemployment at 4.6% and financial markets expecting another interest-rate increase. Here are the key economic numbers.

Background: The Fed inflation target

The Fed's 2% inflation target sounds simple. In practice, US monetary policy has evolved from Volcker's war on inflation to average inflation targeting and, since 2025, back to flexible inflation targeting.