Inflation targeting
How did Minneapolis become the first US city with 2% inflation?
Experts from the Minneapolis city government and Federal Reserve Bank stress housing options
Opponents of dual mandate win New Zealand elections
National Party promises to abolish RBNZ commitment to ‘maximum sustainable employment’
Little progress in latest US CPI report
Headline figure was 3.7% in September, unchanged from August, but core inflation fell
Kenya to buy back $500 million in Eurobonds
Central bank governor says country will seek ‘exceptional’ IMF funding
Inflation set to remain high into 2025, IMF warns
Soft landing looks more likely but growth is “limping along”, says Pierre-Olivier Gourinchas
Peru and Uruguay cut rates again
Peru’s central bank says growth forecasts are gloomy, but Uruguay hints at end to cuts
Bank of Japan steps up bond purchases
Central bank faces pressure to raise rates as yields on 10-year government bonds rise
Iceland holds rates for first time in over two years
Inflation is rising, but MPC holds until new forecast comes in
Canadian deputy governor warns of repeating pricing pressures
Vincent argues supply shocks, technology and consolidation may make raising prices easier
Fed leaders split on whether further rate rise is needed
Leaders agree a soft landing is possible but not certain
PEPP to become ECB’s weapon of choice
Facing high but falling inflation, the governing council is expected to hold rates
RBNZ continues to hold policy rate
MPC suggests the rate will stay put for some time
Colombian and Caribbean central banks hold rates
Colombian board ignores government’s call for cut, while Jamaica and Dominican Republic also hold
RBA continues to hold rates under new governor
‘Some further tightening of monetary policy may be required,’ Bullock says
Thai PM meets governor after unexpected rate rise
BoT said new government’s spending package is an inflation risk, as currency falls
Mexico and Guatemala continue to hold rates
Inflation is still falling, but Banxico expects rates will stay high for some time
More rate hikes may be needed, says Bundesbank’s Nagel
German governor has a soft landing as his baseline scenario
BoT unexpectedly raises policy rate by 25bp
Central bank cut inflation and growth forecasts for 2023, but raises next year’s projections
BoE publishes terms of reference for Bernanke review
Former Fed chair to provide insights into how to forecast in “significant uncertainty”
BoJ leaders divided on wage growth and timing of tightening
July minutes show disagreement over when firms will raise wages
Ghanaian MPC holds rates while Guinea opts for 50bp rise
Addison says Ghana’s growth will outstrip IMF forecast but reserves remain extremely low
South Africa and Egypt both hold policy rates
Sarb governor says job of fighting inflation “is not yet done”
Colombian policy-makers clash over rates
Finance minister wants “very small” rate cut, but central bank board member disagrees
OECD says interest rates should stay high ‘until well into 2024’
Report says monetary policy needs to stay tight until underlying inflationary pressures are lowered