Inflation
Sooner or later, Argentina should dollarise
Dollarisation would be straitjacket, says Steve Kamin, but still looks preferable to the other options
RBI continues holding policy rate at 6.5%
Central bank warns food prices pose upside risk to inflation
IMF: Argentina needs ‘a strong and credible central bank’
Central bank caps banks’ FX holdings ahead of Milei inauguration on December 10
Milei confirms Santiago Bausili as BCRA pick
Appeals court recently dismissed conflict–of-interest charges against governor-designate
BCEAO raises rates 25 basis points amid inflation worries
Move is sixth hike in seven quarters, taking policy rate to 3.5%
Bank of Canada holds rates steady
Macklem says it’s clear the stance of policy is restricting inflationary pressures
Inflation forecast errors moderate after surge in 2022
But growth forecast errors are higher in 2023, data shows
Kenya increases policy rate by 200bp to strengthen shilling
Governor says equilibrium rate has been ‘overshot’
Canada introduces first Charles III coins
Argentina updates 2,000-peso note; ECCB commemorative note honours cricketer; and more
BoJ’s Himino highlights benefits of ending negative rates
Deputy governor says there has been ‘solid progress’ in firms’ price and wage-setting behaviour
Managing reserves amid climate change and home-shoring
Central banks can still make asset allocations with solid climate outcomes, despite slippage in the net-zero timetable, writes Gary Smith
ECB’s Schnabel does not rule out rate cut before mid-2024
Executive board member deems more rate hikes “rather unlikely”
BIS weighs possible shift in global liquidity conditions
Nervy markets struggle to digest rates outlook, as BIS research finds deeper shift may be underway
RBA holds at last meeting of the year
“Limited information” leads central bank to keep rate unchanged for time being
Policy-making amid war in Gaza
Bank of Israel has implemented a textbook crisis response, but uncertainty remains
Minutes: Riskbank united in policy hold
Board members stress having more policy meetings will give them flexibility in 2024
Riksbank governor calls on property companies to reduce debt
Thedéen warns monetary policy “needs to remain contractionary”
PCE inflation falls in the US
Atlanta Fed president says data suggests inflation will only continue to fall
Lower eurozone inflation fuels rate cut speculation
Some analysts expect start of easing cycle earlier in 2024
The long and short of it: Central Banking case studies in point
Invesco comments on the case study interviews conducted by Central Banking for this report, and key reserve challenges such as global high inflation and balance sheet dynamics in emerging and advanced economies.
Bank of Korea holds rates and raises inflation forecasts
Governor says interest rates could stay high for more than six months
RBNZ’s Orr backs use of indigenous language
Governor defends services in Māori as new government vows to cut use of indigenous language
Karnit Flug on the Bank of Israel’s emergency responses and challenges ahead
The former Israeli central bank governor and current vice-president of the Israel Democracy Institute speaks with Christopher Jeffery about the BoI’s targeted emergency responses, economic uncertainties and central banking independence
German inflation falls to 2.3% in November
Falling energy prices lower inflation in the eurozone’s main economy