Inflation
Interview with Otmar Issing
In an interview published Thursday 1 June, outgoing ECB chief economist Otmar Issing said his parting message to his ECB colleagues was to get to grips with inflation.
RBA's Stevens on risk and the macroeconomy
In the speech 'Risk and the macroeconomy' given on 27 May Glenn Stevens of the Reserve Bank of Australia said interest rates around the world can't stay low and steady ``permanently'' and central banks will continue to control inflation.
Reflections on operating inflation targeting
In a paper delivered on Thursday 25 May at the Graduate School of Business of the University of Chicago, Paul Tucker of the Bank of England sets out some reflections on the operation of an inflation targeting regime after four years on the MPC.
Rybinski on inflation targeting, challenges ahead
In the speech 'Inflation targeting and the challenges ahead' given on 18 May Krzysztof Rybinski of the National Bank of Poland said that since 1990, when the pioneering Reserve Bank of New Zealand first introduced inflation targeting, over twenty…
Fukui says zero rate policy depends on economy
Bank of Japan governor Toshihiko Fukui said in parliamentary testimony on Tuesday 30 May that ending the central bank's zero interest rate policy depends on economic growth and inflation.
ECB's Papademos on globalisation, inflation
In the speech 'Globalisation, inflation, imbalances and monetary policy' given on 25 May Lucas Papademos of the ECB said that globalisation had helped contain prices in the past, but the risks to inflation were now rising due to buoyant world growth.
IMF's Rato says global rate rises healthy
Increases in global interest rates are healthy and policy makers and central banks need to keep a watchful eye on inflation, the head of the International Monetary Fund said in an interview with Reuters on Wednesday 24 May.
Hoenig warns on rate overshoot - report
The Federal Reserve must guard against raising interest rates too high, Kansas City Federal Reserve President Tom Hoenig said Friday 19 May in an interview with the Wall Street Journal's Greg Ip.
Comment: US 'break-even' inflation
News of a sudden increase in inflation fears has made headlines in recent weeks. In the case of the US, some have linked this to idea that new Fed chairman, Ben Bernanke, is perceived as being too soft on inflation. What do the most recent estimates of…
BoE's Nickell sees UK inflation checked
Spare capacity in the UK economy will help lower inflationary pressures, and will keep inflation below the Bank of England's target, according to outgoing Bank of England Monetary Policy Committee member, Steve Nickell.
Liebscher says ECB worried on inflation
Austrian national bank governor Klaus Liebscher told reporters Friday 19 May that the European Central Bank is worried about risks to the eurozone's inflation outlook.
Comment: Inflation expectations
Ever since Milton Friedman's famous analysis of the "leads and lags" between interest rate changes and price- and output movements in 1961, the need for "forward-looking" monetary policy has been universally accepted.
Bank of England Inflation Report, May 2006
The Bank of England published its May 2006 Inflation Report on 10 May. In remarks following the publication of the report, Mervyn King said the Monetary Policy Committee 'remains ready to take whatever action is necessary in order to keep inflation on…
Comment: Bank of England Inflation Report
British bond yields fell yesterday, despite an increase in the Bank of England's near-term inflation forecast. The Bank of England's latest Inflation Report also included a lower growth forecast for next year, which is expected to outweigh the effects of…
U.K. inflation targeting and the exchange rate
This St Louis Fed Working Paper, published May 2006, considers whether it is welfare-reducing to target inflation in the CPI rather than in a narrower index.
G10 central bankers wary of inflation
Central bank chiefs from leading industrialised and developing countries called on Monday 8 May for "very special attention" to guard against ongoing global economic growth from becoming inflationary.
Trichet 'not satisfied' with inflation over 2%
Speaking at the Frankfurt Chamber of Industry and Commerce on Friday 5 May, Jean-Claude Trichet said the European Central Bank is 'not satisfied' with inflation above 2 pct in the euro zone.
Issing: Inflation forecasts may rise with oil
European Central Bank chief economist Otmar Issing said in an interview that the ECB may have to revise its inflation forecasts upwards after the latest increase in oil prices.
Sweden's Rosenberg on inflation targeting
In the speech 'The Riksbank's inflation targeting policy - the significance of the new interest rate assumption' given on 19 April Irma Rosenberg of the Sveriges Riksbank said that the strong level of economic activity in conjunction with current…
Liebscher hints at ECB rate rise
European Central Bank council member Klaus Liebscher signalled in an interview published Monday 10 April that the euro zone central bank may raise interest rates in June to curb inflation.
BoE's Lomax questions MPC meetings
Bank of England deputy governor Rachel Lomax said in a speech in Oslo on Thursday 30 March that expectations for inflation have fallen and appear well anchored around the official target of 2.0 percent.
Singapore MAS may tighten further
Singapore's monetary policy may turn more aggressive in April to subdue growing inflationary pressures, according to this article published Friday 24 March. Some banks are adopting a hawkish view because recent increases in the consumer price index have…
BoE's King sees near-term rise in inflation
Speaking before the Treasury Select Committee on Tuesday 28 March, Bank of England governor Mervyn King said that CPI inflation will likely rise above the 2 pct target over the short term.
Riksbank's Oberg on Sweden - low inflation economy
In the speech 'Sweden - a low inflation economy' given on 21 March Svante berg of the Sveriges Riksbank said the latest economic data doesn't significantly change the economic picture outlined by the Riksbank in its February inflation report.