Inflation

ECB communicates well

European Central Bank's (ECB) monetary policy communication is clear in about 95% of cases, finds a new paper from the International Monetary Fund.

MPC's Sentance: downturn risks on the rise

Severe stresses in the financial system and the news from the real economy have certainly increased the risks of a bigger and more sustained downturn, said Andrew Sentance, a member of the Bank of England's Monetary Policy Committee.

Phillips curve is flattening

A new paper from the Reserve Bank of Australia finds that the Phillips curve, which measures the relationship between unemployment and inflation, has flattened in recent years.

Asia needs tightening

There may not be a meaningful reduction in inflation rates without policy tightening in Asian economies, finds new research from the Hong Kong Monetary Authority.

Ghana still going for goal

Lionel Van Lare Dosoo, a deputy governor at the Bank of Ghana, tells Central Bank News why the institution's Olympian efforts to eradicate the country's inflation problem will stay on track despite recent events.

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