Monetary policy decisions
SBP hikes to 12.25% as inflationary risks grow
Government has been borrowing heavily from central bank and rupee has weakened
Open and closed economy central banks react differently to inflation – research
Some economies respond more strongly to certain variables, Fernando Leibovici says
Reserve Bank of Malawi cuts rates to 13.5%
Central bank lowers inflation forecast while raising GDP growth forecast
Norges Bank governor says new hike rate ‘likely’ in June
Norwegian central bank holds rates, but Olsen says balance of risks means further hike is likely
Turkish central bank tightens monetary policy by the back door
Central bank tries to prevent currency falling amid political pressure not to raise policy rates
RBNZ cuts rates to new low on ‘subdued’ outlook
Central bank opts to cut the policy rate despite being broadly on target, citing “headwinds”
Rwanda slashes rates to record low of 5%
Governor predicts steady growth for the country
Malaysia cuts rates as inflation and PMIs slide
South-east Asian country’s inflation has been lower than 1% for several months, while PMI remains in contraction
China cuts reserve requirements for small banks
PBoC cuts RRR for local banks; premier Li Keqiang had urged policy-makers to reduce funding costs for small businesses
US macroeconomic data backs up Fed’s ‘patient’ approach
Lower core inflation is expected to only be temporary, Powell says
BoE says Brexit is creating economy of two halves
Policy-makers strike hawkish note, but Carney says households and businesses are divided
Fed makes ‘technical adjustment’ to monetary policy
The move does not signal a change in policy stance, Powell says
DR Congo slashes rates to 9% from 14%
Central bank hopes period of relative stability will endure
IMF researchers present guide to enabling negative interest rates
Exchange rate between cash and bank reserves is the “best approach”, researchers say
Ukraine embarks on easing cycle
Falling inflation allows National Bank of Ukraine to launch first rate cut in new easing cycle; forecasts depend on implementing IMF reforms
Canada’s Poloz says policy-makers ‘preoccupied’ with growth slowdown
Central bank expects weakness to be temporary, but cuts more hawkish wording
CBRT spooks markets by dropping tightening wording
Lira falls as central bank takes rate hike off the table
Riksbank surprises observers with fresh QE and dovish message
Swedish central bank extends QE programme and delays next rate hike
BoJ vows to continue ‘powerful’ easing for longer
Central bank promises low rates will last longer, and unveils raft of other measures
Kazakhstan cuts interest rates under pressure from president
Cut to 9% comes just days after president ordered change
Fed still open to rate hike this year
Lower for longer interest rates could lead to greater financial stability risks, FOMC members say
RBI cuts main rate again as growth fears deepen
Central bank revises down growth and inflation forecasts as election nears
Mexico keeps rates at 10-year high despite global slowdown
Above-target inflation is the main focus for the Bank of Mexico
Pakistan starting to recover from imbalances – SBP
Central bank hikes policy rate while highlighting some signs of improvement in the external balance; IMF mission chief meets authorities for initial programme talks