Inflation targeting
Key questions for Marcus
Gill Marcus, governor-designate of the South African Reserve Bank, will have her work cut out in maintaining the central bank’s hard-won credibility
End of the golden age of central banking?
Think tank says central banks face a new era of challenges
MPC’s Posen queries symmetry of inflation targets
Newest member of Bank of England’s Monetary Policy Committee cites dangers in undershooting target and questions “mechanistic” monetarist view on quantitative easing
BIS's Cecchetti moots longer time horizon for monetary policy
Central banks may need to stretch their time horizons for inflation targeting to successfully combat financial instability, says Bank for International Settlements’ Stephen Cecchetti
Ian Macfarlane – a proud record
The former governor of the Reserve Bank of Australia recalls his decade in charge which cemented inflation targeting
Ortiz on governance, risk and Mexico's progress
The Bank of Mexico governor and BIS chairman discusses central bank governance, monitoring systemic risk and why Mexico has managed to avoid a financial meltdown despite being hard hit by the crisis
Inflation targeting: lessons from the crisis
Spencer Dale, the chief economist at the Bank of England, has said inflation targeting should remain a mainstay of macroeconomic policymaking in Britain.
Inflation-targeting central banks communicate more
Central banks operating under inflation-targeting frameworks tend to provide more information than entities operating under other frameworks, a new paper from the Bank for International Settlements reveals.
Price-level targeting better than IT
Moving to price-level targeting from inflation targeting is welfare enhancing when imperfect credibility is short-lived, a new paper from the Bank of Canada posits.
Bank of Canada - Spring Review
The Spring issue of the Bank of Canada Review considers changes to the country's inflation-targeting framework.
Bank Negara comes of age
Governors from five continents joined Bank Negara Malaysia in February to commemorate its 50th birthday. Claire Jones reports
Interview: Zdeneˇk Tu°ma
Martina Horáková speaks to the Czech governor about the crisis, calls for cross-border supervision and the process for adopting the euro
Ex-BoE deputy heralds decline of independent era
The collective failure of monetary authorities and governments to avert the current crisis will negate central banks' independence, Sir John Gieve, a former deputy governor at the Bank of England has said.
Inflation targeting: its roots and rationale
Research published by the International Monetary Fund uncovers the intellectual origins and reasons for inflation targeting.
Inflation targeting not enough: BoE's Barker
Kate Barker, a member of the Bank of England's Monetary Policy Committee (MPC) has acknowledged that inflation targeting alone cannot produce economic stability.
Interview: Kenneth Rogoff
The former chief economist of the IMF tells Malan Rietveld that central banks know how to generate inflation if needed and that there are bigger problems than deflation to be worried about
Philippines' Tetangco: 2009 will be critical
Philippines ended 2008 fairly unharmed from the global financial turmoil but 2009 is critical, said Amando Tetangco, the governor of the Central Bank of the Philippines.
The monetary-policy lag and inflation targeting
Central banks and governments should set a relatively high inflation target when confronted with a long monetary-policy lag and a zero nominal bound for interest rates, research from the Bank of Canada posits.
Central bank employees and inflation credibility
Perceptions of inflation among central bank employees point to some disturbing trends, Jannie Rossouw, Johan Fourie and Vishnu Padayachee find
Inflation targeting under stress
The increasing global nature of the monetary and financial system presents challenges to inflation targeters, says George Kopits
Inflation targets flexible and resilient
Inflation targeting has proved fairly flexible and resilient, research from the Boston Federal Reserve states.
CNB's inflation-targeting review
The Czech National Bank has published a collection of research papers to commemorate ten years of inflation targeting.
Finland advocates price-level targeting
A new paper published by the Bank of Finland makes the case for moving to price-level targeting.
King sees high inflation remaining
Mervyn King, the governor of the Bank of England, expects inflation in the United Kingdom to remain "markedly" above the central bank's target well into next year.