Inflation
Bank Indonesia unexpectedly raises rates to support rupiah
Rate hike comes on top of central bank’s continued FX intervention amid a strong dollar
UK rate cuts must wait, says BoE chief economist
Huw Pill says policy must remain restrictive to tackle persistent components of inflation
Mexico needs reform to fulfil potential – Dallas Fed paper
Anti-trust measures, easier market entry and FDI should aid growth, researchers say
UK inflationary pressure easing, BoE deputy says
Ramsden breaks inflation process into four steps, finding persistent elements are weakening
Fed policy-makers disagree over risks
Williams and Goolsbee say policy is restrictive but Logan takes different view
Reserve managers brace for war
Geopolitical escalation could trigger inflationary and energy shocks, RMT survey finds
Bank of England: time for fourth-generation forecasting tools?
Economists suggest ways to improve BoE’s framework ahead of Bernanke’s report
Bank of Canada holds rates for sixth consecutive time
Central bank optimistic that rate cuts are ahead and inflation will gradually fall
Bank of Thailand holds rate despite PM’s call for cuts
Monetary policy committee expresses concern on elevated debt levels
RBNZ holds rates as economy enters recession
Policy-makers keep policy restrictive to tame inflation despite economic downturn
Philippine central bank holds rate
Central bank stays put after headline inflation rises for two consecutive months
New measurement shows ‘historically high’ Canadian financial stress
Financial fragility is concentrated among renters and some mortgage holders, paper says
Fed officials say strong economy gives them flexibility and time
Kugler, Barkin and Powell say upside and downside risks are evening out over time
ECB should cut rates earlier, says BdF governor
French government has failed to reform since 2015, Villeroy de Galhau says
People: January to March 2024
A round-up of central bankers in the news and on the move during the past three months
Slight majority of US consumers ‘warm’ to CBDC, survey says
Respondents most interested in free use and widespread market adoption, Philadelphia Fed finds
Long-term inflationary pressure set to rise, research finds
Changed environment makes central banks’ task harder, Kenneth Rogoff and other researchers say
A new climate of change
Central banks are warming up to address climate risks just as US interest cools
Two Fed governors say there is no need for rapid rate cuts
Cook and Waller call for caution but welcome some labour market developments
Dallas Fed analysis explains puzzle of strong US economy
Authors say US has enjoyed favourable supply-side conditions that others missed out on
Anchoring inflation expectations increases FDI – research
Adopting inflation targeting also increases investment, researchers find
Policy round-up: Switzerland and Czech Republic cut rates
Norges Bank holds rates in face of uncertainty
RBNZ should focus on fewer labour market indicators – paper
Researcher proposes using ‘high-quality’ indicators to monitor inflationary pressure
Banxico cuts rates by 25bp
Mexican central bank says risks are tilted to the upside