Inflation
Chile’s central bank holds rate, but signals future cut
Rate-setters point to below-target inflation as main reason for future easing measures
Philippines poised to cut rates as inflation cools
Governor Diokno hints at more easing if inflation is under control
Bank of Korea cuts rates for first time in three years
Central bank warns of trade tensions as official figures show economy contracted in first quarter
Pakistan sharply increases rates on higher inflation
Central bank increases the policy rate by 100 basis points to 13.25%
Venezuelan opposition nominates ad hoc central bank board
Legislature aims to prevent Maduro’s regime from accessing gold and foreign currency reserves
IMF paper analyses Philippines inflation
Longer delay in tightening rates would have led to higher inflation, researchers find
Cleveland Fed paper looks for reasons for flatter Phillips curve
Monetary policy responses to “output deviations” may be key factor, researcher argues
Zambian president makes deputy governor finance minister
New finance minister must tackle large debt burden, rising inflation and falling growth
New Turkish governor hints at willingness to cut rates
Monetary policy has “room for manoeuvre”, Murat Uysal says ahead of next week’s meeting
Central Bank of Egypt holds rates despite lower inflation
Deposit rate remains at 15.75%; core inflation fell to 6.4% in June from 7.8% in May
Bank of Thailand voices concerns over baht appreciation
Thai central bank says it has cut supply of short-term bonds to curb hot money inflows
Senior Fed officials diverge on future rate policy
Richmond Fed president Tom Barkin not convinced inflation concerns warrant a cut
UK households may be too wary on inflation – BoE’s Tenreyro
External MPC member says low financial literacy may affect inflation perceptions
Bank of Canada holds rates despite stronger inflation
Central bank predicts higher growth in coming years but warns of possible trade conflict with US
Mexican peso falls on finance minister resignation
Crisis complicates inflation outlook and fuels fear of political interference in independent institutions
IMF to propose amendments to Pakistan central bank law
Changes will support efforts to reverse government debt trajectory, the fund says
Malaysian central bank holds rates
Policy stance remains accommodative as central bank forecasts rising inflation
Strong labour market complicates Fed outlook
Non-farm payrolls stronger than expected, focusing extra attention on Jerome Powell’s testimony this week
BIS papers weigh up ongoing risks to global stability
Papers from 2018 AGM include contributions from Forbes, Tucker, Gourinchas and Rey
Population ageing could reduce inflationary pressures – Bank of Spain deputy
Older populations in advanced economies likely to increase saving and reduce investment – Delgado
IMF gives Pakistan bailout, but demands central bank freedom
Imran Khan government must have flexible exchange rates and end monetary financing, IMF says
Riksbank shies away from global easing cycle
Swedish central bank maintains rate hike plans despite accommodative policy shift in Europe, US, Australia
RBA’s Lowe: global uncertainty clouding Australian outlook
Governor of RBA emphasises positives, but says global factors complicating prospects
RBA slashes rates to new record low
Australia’s back-to-back rate cut is first since 2012