Inflation
Central bankers have lost sight of inflation
Inflation resurgence comes after central bankers were distracted from their primary task by climate and crypto, combined with an overreliance on new Keynesian approaches
BoE officials admit inflationary spiral is a growing risk
Deputy governor says “inflation mentality” could start influencing firms’ pricing decisions
Zimbabwe lifts lending freeze
President had announced total halt to lending in bid to defend local currency
Bernanke says Fed acted too slowly on inflation
Former Fed chair argues forward guidance hampered Fed’s response to rising prices
Polish MPs confirm Glapiński for second term
Governor wins narrow vote despite double-digit inflation and harsh criticism
Bank of Mexico hints at tougher measures as it raises rates
Banxico ups inflation expectations while government unveils price-cutting plan
Argentine central bank hikes rates as inflation reaches 30-year high
Central bank makes optimistic comments on inflation path
Peru’s central bank continues sharp monetary tightening
BCRP revises up inflation expectations and hikes reference rate by 50 basis points
Czech president appoints policy dove as governor
Koruna falls as rate-hike opponent and former Babiš adviser prepares to lead CNB
Lagarde signals first ECB rate hike in July
Nagel stresses risk of acting too late, as Villeroy says fiscal-monetary alignment no longer possible
Small drop in US CPI hints at inflation reprieve
Economists estimate US is past inflation peak, but other G7 nations may still be on the upward leg
Malaysian central bank makes surprise rate rise
Pre-emptive decision designed to stave off inflation
Romania meets inflation spike with rate hike
Central bank adds 75bp to policy rate as inflation passes 10% mark and economy sputters
Zimbabwe freezes all bank lending
President announces controls on money creation to stem decline of currency
Norway’s headline inflation increases to 5.4%
Analysts say 50bp rate hike becoming more likely
Moldova continues rate climb as inflation passes 20%
Central bank orders another 300bp increase as war adds to price woes
Bank of Israel reserves fall by over 4% in April
Falling equity prices are the main factor behind $8.5 billion drop in value
People: Swiss vice-chair to take office in August
Board member appointed in Guatemala; new external MPC member in Ghana; and more
Czech board raises rates in split vote
Central bank increases inflation forecast and awaits new governor appointment
ECB officials change to more hawkish tone
Schnabel and Villeroy de Galhau signal openness to July hike while Lane and Panetta stay cautious
Chilean central bank surprises markets with a larger rate hike
Board unanimously decided to increase the policy rate by 125 basis points to 8.25%
Polish central bank hikes rates 75bp
Inflation at highest levels for 24 years as governor faces opposition over second term
HKMA follows Fed with interest rate hike
Chief executive says HKMA will intervene when currency hits lower bound of peg
Early comms involvement in policy raises effectiveness
Teams involved in earlier stages of policy report communications are more successful