Sentences with phrase «cent target band»
Overall CPI inflation, however, remains at the lower end of the Reserve Bank of New Zealand's 1 — 3 per cent target band, with the currency appreciation exerting a dampening influence.
https://www.rba.gov.au/ Not exact matches
Although a number of temporary factors are keeping headline inflation near its 2 per cent target, our measures of core inflation are in the lower half of the target band and have been trending downward in recent quarters.
The «2 to 3 per cent» specification may appear to suggest that the inflation target in Australia is a narrow band.
«With inflation set to stay outside the RBA's target band until at least mid-2017, we expect to see another cut in the cash rate in August to a low of 1.5 per cent.»
The Swedish central bank has increased policy rates by 85 basis points to 3.75 per cent, while the Swiss authorities have increased their target band by 175 basis points to between 3 and 4 per cent.
Since the devaluation in 1994, China has maintained its exchange rate within a 0.3 per cent band either side of its target rate [1](Graph C1).
Consumer price inflation was 2.8 per cent over the year to the March quarter, near the top of the Reserve Bank of New Zealand's target band.