Inflation
Fed can afford to be patient as global growth forecasts decline, says Clarida
Fed vice-chair says labour market is at full employment and inflation remains on target
Fed taking cautious stance on rate path
Incoming Fed officials signal there may be a rate-hike pause
Weak housing market and lower oil prices depress outlook for Canada – Poloz
Central bank holds interest rates as economy shows no sign of near-term strengthening
Riksbank’s Jansson warned of inflation disappointment at hike meeting
Deputy governor voted against the policy rate hike in December
Spending behaviour in unemployment does not fit with rational models – paper
Behavioural models of “present-biased or myopic” choices fit better with the data, authors say
Israel’s Yaron adopts cautious stance in first meeting
Central bank on hold as downside risks threaten the outlook
Powell sends cautious message to markets
Bernanke says he and Yellen “very lucky” to have served under presidents who respected Fed independence; Powell pledges not to step down
India vulnerable to oil shocks – RBI research
Study weighs effects of oil shocks on current account, inflation and government finances
Iran to cut four zeros from currency
Currency continues to depreciate, inflation climbs and growth slows
US payrolls data proves strong
Non-farm payrolls beat expectations and wage growth rises, despite fears of a global slowdown
Report reveals damage caused by Bank of Mongolia’s ‘quasi-fiscal’ policies
Discontinued policies may have undermined key parts of the central bank’s mandate, created inflation and generated huge losses, report finds
Price shocks worse with poorly anchored inflation expectations – IMF paper
Inflation rises less and falls quicker after shocks when expectations are well anchored, study finds
Bank of Mexico raises rates on high inflation and policy uncertainty
The governing board increased the policy rate by 25 basis points to 8.25%
Book notes: Keeping at it, by Paul Volcker with Christine Harper
Volcker, a man who has made history, delivers a fascinating memoir, providing insights into the key lessons learned during his decades of public service, writes Jean-Claude Trichet
Riksbank implements first rate hike since 2011
Split executive board reduces inflation forecasts for 2019 and 2020
Indonesia holds rates on solid growth and stronger rupiah
Higher rates through 2018 have attracted capital and helped keep inflation on target
BoE warns Brexit uncertainties have ‘intensified’ as rates stay on hold
Brexit “weighing” on UK markets; committee votes unanimously to keep rates on hold
Fed goes ahead with fourth hike of 2018
Policy-makers vote for hike despite volatility, but dovish language suggests growing caution
IMF agrees new aid package for Ukraine
Statement praises Ukrainian reforms but says aid will still be linked to continuing progress
Bank of Thailand increases rates for first time since 2011
Monetary policy committee lifts main policy rate by 25 basis points to 1.75%
Zimbabwean central bank officials cleared of wrongdoing
Governor Mangudya says investigation absolves of any wrongdoing, despite previous claims of corruption from former government official
Brazil to provide more information on policy decisions from 2019
Central bank holds key Selic rate at 6.5% on volatile financial markets and stable inflation
Fed presidents weigh in on December rate decision
Incoming data and recent speeches point to slightly more dovish outlook
Fragility of forex market stays SNB’s hand
Central bank maintains Libor rate target and negative policy rate