Inflation
De Guindos says eurozone faces technical recession
ECB vice-president says disinflation process is likely to slow in 2024
Richard Byles on Jamaica’s inflation-targeting baptism of fire
The Bank of Jamaica governor speaks with Christopher Jeffery about forex interventions, setting up digital disruptor banks and the next steps for Jam-dex
Thai prime minister clashes with central bank governor over policy
PM calls for lower rates amid negative inflation while governor criticises government’s handout plans
Indexation makes inflation more persistent, IMF finds
Economists draw conclusions from IMF survey of 190 countries’ indexation practices
Inflation rises in Germany and France
German statistical office says energy price rise partly driven by base effects from earlier subsidy
Book notes: We need to talk about inflation, by Stephen King
A short, sensible book that highlights key issues – and might make a good, belated Christmas gift!
Memory shapes inflation expectations, study finds
People who remember high inflation also trust the central bank less, authors say
Finance ministry rep: a guest, a partner or an intruder?
Many central banks let government officials participate in policy meetings. Is that wise?
2023: The year in central banking
Central Banking’s most-read story this year dissected the crisis at SVB, while other top pieces delved into operating frameworks, third-party risks and international economics
Caucasus central banks cut rates as inflation falls
Armenia, Azerbaijan and Georgia continue gradual easing, with Armenian inflation at -0.5%
Inflation may continue to fall, World Bank officials say
But core inflation and possible energy shocks continue to pose risks, researchers warn
Economics Benchmarks 2023 – model banks analysis
Data reveals differences in research, forecasting and data use across central banks
Monetary policy helped curb inflation expectations – research
Higher rates could achieve a “soft landing” if the expectations channel is strong enough, authors say
Chile cuts rates for fourth consecutive meeting
Board forecasts inflation will return to 3% target in 2024
Colombian central bank begins cutting rates
Board splits over decision, as inflation remains above 10% while economy slows
Climate change increases inflation risks – ECB paper
Both level and volatility of inflation could increase due to rising temperatures, researchers say
Fed research looks at second-round effects of oil price inflation
Late 2022 oil price rally could cause inflationary pressure as late as mid-2025, paper finds
Argentina adopts new policy rate
BCRA will use overnight reverse repo rate after halting auctions of Leliq bonds
Swedish inflation expectations remain anchored, research finds
Riksbank economists highlight central bank actions to tackle both low and high inflation
Mexico holds rates again, while Peru cuts
Peruvian board says inflation is falling faster, while Banxico predicts more gradual disinflation
ECB holds rates as it lowers inflation expectations
Central bank intends to stop reinvesting maturing assets under PEPP in second half of 2024
BoE holds rates for third straight meeting
“There is still a long way to go,” says Bailey
Norges Bank makes surprise rate hike as inflation rebounds
Governor warns economy is cooling but inflation has risen in past two months
Philippines and Hong Kong hold rates
BSP governor says monetary policy has to remain “sufficiently tight” to bring inflation back to target