Monetary Policy
CBRT’s Ağbal says central bank must aim for ‘permanent price stability’
Governor’s blog post marks new form of communication by senior executives
Ukraine’s central bank raises rates for first time since 2018
NBU says food and fuel are driving inflation but expects pressures to fall later in year
Yield curve control not ECB’s ‘easiest way forward’ – Centeno
ECB board member Fabio Panetta calls for decisive action to reduce higher bond yields
Paper models link between policy uncertainty and growth
Bank of Luxembourg paper looks at how investors adjust their estimates of monetary policy
BoE given green remit for monetary policy
Central bank to provide details on reforming corporate bond buying “in the coming months”
Fed officials differ on outlook for US economy
Leaders agree on policy, but differ on forecasts, measures and key concerns
RBA boosts bond-buying to defend yield curve target
Governor says the central bank can increase purchases further if needed
The Bank of Japan must adjust its monetary policy
Sayuri Shirai says the central bank needs to make its policy more sustainable. The BoJ is running out of ways to generate further monetary stimulus
Bank of Korea to expand government bond purchases
South Korean central bank vows to buy more government bonds as finance ministry proposes new pandemic relief package
Covid-19 reveals systemic flaws – Brainard
Fed board member weighs impact of March 2020 crisis in money markets, warning some risks remain
Kansas City Fed launches new website
Improved navigation and search functionality are at the core of redesign, central bank says
Mário Centeno on monetary-fiscal interaction in the eurozone
Bank of Portugal governor says ECB is not being overrun by former finance ministers, must improve the definition of its inflation target and has no need for yield curve control. Centeno believes NextGenerationEU fund could serve as template for a future…
Kyrgyzstan central bank hikes rates as inflation rises
Fifty-basis point hike brings rate to 5.5% amid rising inflation and following political upheaval
Eurozone needs fiscal stimulus – ECB’s Schnabel
ECB board member says raising eurozone inflation needs fiscal evolution and structural reform
RBNZ to support government housing objectives
New Zealand finance minister changes central bank’s monetary and financial policy remits
Powell: US economy still ‘a long way’ from meeting Fed goals
Fed chair predicts continued need for low interest rates and QE, as recovery remains “uneven and far from complete”
New Zealand’s banking system operationally ready for negative rates
Central bank will lower rates below zero lower bound if required, MPC says
Monetary innovation required to respond to next crisis – Riksbank’s Breman
Deputy governor thinks fiscal and monetary policy co-ordination will be increasingly important
Zimbabwe’s government replaces central bank MPC
Finance minister changes entire MPC as academic observer dismisses inflation target as “fantasy”
Bank of Israel maintains stimulus despite rapid vaccination
GDP shrank by 2.4% in 2020, less than previously forecast
Norges Bank’s policy space ‘almost exhausted’ – governor
Norwegian governor warns public spending is increasingly dependent on sovereign wealth fund
SNB should adopt higher inflation target, report says
Senior economists recommend the Swiss National Bank reviews its policy strategy
Bank Indonesia resumes monetary easing
Central bank commits to further government bond purchases on the primary market
Bank of Zambia caught between surging inflation and debt crisis
Central bank hikes policy rate as kwacha falls and fiscal spending overshoots targets