Macroeconomics
Rate hikes affect manufacturing economies more – Fed study
Authors find similar effects across eurozone and in US at county level
Minneapolis Fed chief shares concerns about tit-for-tat tariffs
Kashkari points to heightened risk of inflation but insists US economy is “strong”
Bofit study projects continued slowdown in China
Group’s latest forecast says economy needs to be rebalanced in favour of consumption
The long and short of it: from ‘new normal’ to ‘old ordinary’
Arnab Das, global economic counsellor and macro strategist at Invesco, draws on macro history to try to put the present in perspective and navigate the future. This thought leadership commentary draws on policymaker and reserve manager discussions…
Global component of inflation surged in pandemic – research
Dallas Fed authors say international factors exert greater influence than they did pre-Covid
PBoC cuts loan prime rates
Reductions in benchmark lending rates follow recent stimulus measures
Acemoglu, Johnson and Robinson win Nobel prize in economics
Trio given award for work on role of colonial institutions in shaping long-term prosperity
Malaysia’s Zeti on the key skills needed to be a successful central banker
The Bank Negara veteran speaks about leadership skills, lessons from the AFC and 1MDB crises, her scepticism of inflation targeting, and how the Asia School of Business' masters synthesises theory with practical realities
Eurozone policy transmission ‘more pronounced’ in 2022–23 – study
Banks’ increased risk perceptions underpinned swifter pass-through, says Bank of Italy research
Reserve Bank of New Zealand cuts policy rate by 50bp
Inflation is converging towards 2%, policy-makers say
Geopolitics and cyber security remain top systemic risks – BoE
Respondents less worried about UK stability, but international tensions a growing concern
Japan’s economy not ready for rate hike, says prime minister
New premier’s remarks add uncertainty to BoJ’s normalisation path
US auto loan delinquencies focused in new lending – study
Lower credit standards and higher payments, not interest rates, are key contributing factors
People’s Bank of China cuts RRRs and key rates
Bank starts to implement slew of stimulus measures
People’s Bank of China cuts medium-term lending rate
Reduction comes a day after PBoC unleashes slew of economic stimulus measures
NBER paper seeks ‘canonical Hank model’
Early attempts at heterogeneous agent modelling led to implausible results, authors say
PBoC unveils major stimulus package
Central bank cuts key rate and reserve requirements, boosts support for property and stock markets
China announces 10bp cut in short-term interest rate
Decision comes days after central bank left benchmark rates unchanged
Philippines central bank cuts reserve requirement ratios
Move follows rate cut in August
PBoC keeps benchmark rates unchanged
Bank holds one- and five-year loan prime rates, despite weak economic data
Bank of Japan holds policy rate
Decision comes as core inflation accelerates for fourth consecutive month