The Reserve Bank of Australia's main monetary policy target is:

Question

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The Reserve Bank of Australia's main monetary policy target is the inflation rate. The bank aims to keep inflation within a target range of 2-3% over the medium term. By influencing the cash rate and other monetary policy tools, the bank can affect the level of inflation in the Australian economy. While the bank may also consider other economic indicators such as real GDP and the unemployment rate, these are not the primary targets of monetary policy.

The Reserve Bank of Australia's Main Monetary Policy Target Is