Inflation
Zimbabwe may axe bond note scheme – finance minister
Incoming finance minister says priority will be currency reform
Competition offsets higher costs and demand in Sweden
Somewhat weak inflation keeps rate-setters from increasing interest rates despite stronger growth
New Zealand to open next phase of RBNZ act review
Labour government to review case for separating prudential supervision from the central bank
T&T paper gauges exchange rate effects on import-reliant economies
Exchange rate pass-through to inflation is particularly relevant to economies that are heavily reliant on imported goods, authors say
Odds increasing for rate hike at September FOMC meeting
US economy is strong enough to merit a further rate increase, Richmond Fed president says
Long-termism is necessary for a stable future – RBNZ’s Orr
Contemporary societies face challenges demanding focus on sustainable development, says governor
Protectionism won’t divert Bank of Canada’s inflation focus – Wilkins
Rate-setters think gradual normalisation is still appropriate, higher rates necessary to achieve target
Riksbank says it will increase rates in December or February
Two board members call for earlier rate hike
RBA governor welcomes housing market slowdown
Lowe says slower credit growth is “positive”, as wider economy heats up
Carney warns no-deal Brexit would squeeze real income
Governor informs Treasury Committee of household “real income squeeze” in the event of a no-deal Brexit; Mervyn King calls government’s Brexit preparations “incompetent”
IMF points to greater price pressures in Tunisia
The fund and national authorities agree on policies to complete fourth review of support programme
St Louis Fed’s Bullard thinks Fed should hold
Flatter yield curve and moderate inflation in US suggest monetary policy shouldn’t be tighter, president says
Colombian governor sceptical about Venezuelan petro
Juan José Echavarría reflects on collapse of neighbouring economy in interview with Central Banking
Inattention helps explain flat Phillips curve – Fed paper
Inflation may be less sensitive to shocks because people are not paying attention, authors say
BIS paper weighs economic impact of macro-prudential policy
Cutting the LTV ratio leads to reduced output in emerging markets, authors find
Argentina’s exposure to capital flows limits central bank actions
Peso seen as likely to remain under pressure despite forex interventions and sharp tightening
CBRT vows action at next policy meeting
Turkish central bank has already raised effective interest rates without changing the policy rate
‘Stochastic lower bound’ impacts inflation – BoE paper
Assuming the lower bound is fixed might be unrealistic, authors say
Argentina hikes to 60% as peso drops further
Monetary policy committee holds emergency meeting amid fresh trouble for the currency
Policymakers should focus on slack even amid uncertainty – Fed paper
“Standard advice” from the literature may be flawed under current conditions, authors warn
Clarida confirmed as Fed vice-chair
US Senate approves appointment with 69 votes in favour, 26 against and four abstentions
Turkish lira back under pressure amid Moody’s downgrade
Central bank raises overnight borrowing limits; dwindling reserves could prove a challenge in the months ahead
IMF authors dismiss global Phillips curve as euro inflation driver
Domestic factors largely behind “remarkably stable” inflation in eurozone
Haldane: market power puzzle is important for policy
Micro and macro evidence “not easily reconciled”, says BoE chief economist, but market power could have major impact on inflation