Monetary Policy
PBoC keeps benchmark rates unchanged
Markets expected decision to hold one-year and five-year loan prime rates
Chinese authorities reshuffle monetary policy committee
Four new members include securities regulator, PBoC deputy governor and two academics
Pakistan holds rates despite high inflation
MPC says country needs continuing tight policy, fiscal discipline and foreign financing
BoJ ends negative interest rate policy
Japanese central bank also scraps yield curve control policy and ends ETF purchases
Carstens calls for ‘greater realism’ on what policy can deliver
Monetary policy should avoid “excessive fine-tuning”, BIS chief says
Inflation targeting is best response to natural disasters, study says
Hard pegs and inflation accommodation worsen long-term effects, BoI paper finds
Ukrainian central bank cuts rates
Pyshnyy welcomes falling inflation, foreign exchange stability and prospect of renewed aid
PBoC holds key policy rate
Central bank holds off easing amid yuan weakness and banks’ narrowing margins
ECB unveils new monetary policy framework
Move will see central bank make cheaper loans to eurozone lenders as it shrinks its balance sheet
Bank of Jamaica says free concerts help comms strategy
Central bank has run lunch-hour reggae concerts for two decades to engage with public
‘Passive’ QT can be costly, BoE paper finds
Research highlights need to account for frictions and build “headroom” for future shocks
BoJ may scrap ultra-loose policy at March meeting, reports say
Policy-makers could be mulling speedy end to yield target and negative rates
Bank of Canada holds interest rate targets
Governor expresses fear of underlying inflation becoming stuck above 2% target
ECB holds rates again, cuts inflation projections
Lagarde hints that any cut is likelier in June than April, says bank is watching wage data
Malaysian central bank holds rate
Monetary authority and government working together to encourage inflows to shore up currency
Egyptian MPC raises rates and devalues currency
Moves after UAE's $35 billion investment make IMF deal more likely
Dallas Fed chief says pace of QT may need to slow down
Lorie Logan argues US central bank should take more measured approach to normalising balance sheet
Pill says BoE has focused too hard on inflation forecast
Chief economist argues “richer and more robust analysis” is needed
Supply shocks driving eurozone inflation, ECB study finds
Rising food and energy costs are main contributors, along with hangover effects from pandemic
RBNZ to impose cyber reporting rules on financial institutions
From April 8, New Zealand’s banks will need to disclose major cyber incidents within 72 hours
Long-term real rates will be low in US – Minneapolis Fed study
Dampened productivity and ageing population will drag down actual cost of borrowing, say authors
SNB head Thomas Jordan announces retirement
Board chair praises Swiss central banker for leadership in crises and record of change
Nigerian central bank hikes rates after long delay
Governor’s first MPC meeting announces 400bp rise as street protests over inflation grow
Fight against inflation is not over yet – BoK research
Authors call for holistic assessment of rising prices, despite encouraging signs in major economies