Inflation targeting
Average inflation targeting raised post-Covid prices in US – study
Dallas Fed research argues Fait framework contributed to surging prices
ECB framework needs ‘few tweaks’ – panellists
Digital euro is “even more important” in the wake of Trump CBDC ban, says BdF governor
Disinflation is still on track, BoE governor insists
Officials tell UK parliament that success so far does not mean mission is complete
BoJ raises policy rate to highest level since 2008
Policy-makers raise inflation forecasts and signal further rate rises
Central Bank of the Philippines cuts policy rate by 25bp
Third reduction in a row follows Fed’s quarter-point cut
BoJ holds rates, completes broad monetary policy review
Governor admits bank has been slow to raise rates, but highlights need to assess wage data and US policy
Federal Reserve cuts rates by 25bp
Powell says effects of Trump’s proposed policies, including tariffs, remain unclear
Central banks need to foster trust – ECB report
Instilling public confidence helps in achieving policy objectives and maintaining independence
ECB president says bank can return to adjustable policy horizon
Households do not perceive how their incomes have risen, which harms growth, says Lagarde
Inflation targeting regime needs reform – BIS paper
Authorities should recognise what monetary policy can and cannot do, argues Claudio Borio
Nandalal Weerasinghe on Sri Lanka’s IMF programme, central bank reforms and road to recovery
The Central Bank of Sri Lanka governor speaks about his return from retirement to aid Sri Lanka’s structural reforms and recapitalisation, reinforce central bank independence and develop financial resilience
Return to floating rate a ‘medium-term goal’ – NBU official
Head of monetary policy says hryvnia still being used as “means of savings” during war
Exact inflation at 2% not ‘realistic, nor necessary’ – BdF governor
Villeroy de Galhau says central banks should advocate for structural policies
Combining central banking orthodoxy with innovation
Sergiy Nikolaychuk argues the future of central banking centres on adaptability as well as independence
ECB reviewing QE but 2% target ‘not up for debate’ – de Guindos
Completing banking union should be the “number one priority” for EU economic policy, says official
Mamo Mihretu on the radical reform of central banking in Ethiopia
Ethiopian governor speaks about simultaneous monetary policy and exchange rate reform, opening the country’s financial system and a fundamental reset for Africa’s second most populous economy
How to allocate rate hikes ‘keeps me awake 24/7’, says BoJ’s Ueda
Governor reflects on past steps in policy normalisation and Japan’s ageing population
Bank of Thailand official calls for more flexible inflation targeting
Deputy governor says excessive policy fine-tuning can be counterproductive
UK inflation falls to 1.7%
Surprise drop, driven by falling transport costs, makes additional rate cuts more likely
Obituary: Tito Mboweni, 1959–2024
Sarb’s first black governor championed inflation targeting with “sharp wit”