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Inflation

Fed hawk Fisher softens stance

Richard Fisher, the president of the Dallas Federal Reserve and the lone dissenter on the last two Federal Open Market Committee (FOMC) votes, has acknowledged that slowing growth and a slump in commodity prices may stem inflation.

RBA hints at September cut

Ric Battelino, the deputy governor at the Reserve Bank of Australia, on Thursday gave the central bank's strongest sign yet that it will cut rates at its next monetary policy meeting on 2 September.

Real exchange rates and monetary policy

Reserve Bank of Australia, the Bank of Canada and the Bank of England pay close attention to real exchange-rate movements, while the Reserve Bank of New Zealand does not, new research from the Bank of Canada finds.

Botswana to continue tightening

The Bank of Botswana will maintain its restrictive monetary policy, Linah Mohohlo, the governor of the central bank, said in the opening remarks to the mid-term monetary policy statement.

Singapore - Annual Report 2007

Singapore's economic growth may ease in the coming quarters as the global economy weakens and as inflationary pressures persist, said Goh Chok Tong, the chairman of the Monetary Authority of Singapore, in the institution's latest annual report.

US inflation and unemployment to rise: poll

US economic growth in 2008 will be slower than in 2007, with inflation staying high and unemployment rising, according to a survey of participants at the Chicago Fed's annual Automotive Outlook Symposium.

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