Interest rates
Bank of Mexico takes rates to 10%
Banxico board follows Fed again, but hints tightening cycle may slow down
ECB eases securities lending limits to address collateral shortage
Governing council aims to provide “backstop for the euro area repo markets”
Riksbank calls for housing and tax reforms to reduce financial risks
Financial system faces risks from highly indebted households and real estate firms, report says
Nicaragua raises policy rate for sixth time this year
Country’s economy has recovered from long recession, but inflation remains high
Canadian governor shrugs off attacks by opposition politicians
Official opposition leader has pledged to fire Macklem as trade union boss also criticises central bank
Bank of Israel reserves increase by almost $3 billion in October
Asset revaluations boost the institution’s portfolio to almost $189 billion
Albanian governor says latest increase brings rates to neutral level
Gent Sejko forecasts inflation will not reach central bank’s target until second quarter of 2024
Lagarde says ECB may need to tighten above neutral rate
ECB president confirms central bank will announce QT plans in December
Norges Bank raises rates again
Norwegian central bank governor says MPC might continue to slow pace of increases
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Armenia raises policy rate by 50bp
Fleeing Russians are helping to drive inflation, central bank says
Dominican Republic signals possible end to hikes
Board orders 25bp rise but says policy rate has reached “appropriate level”
Egypt raises policy rate and floats currency
Central bank decisions come as IMF signs preliminary deal for further $3 billion loan
Eurozone inflation reaches new record of 10.7%
Energy is main driver, but inflation is rising in all sectors, Eurostat figures show
Colombian central bank increases rates to 11%
Food inflation and demand are stronger than in other Latin American countries, governor says
Brazil’s central bank holds rates and warns of fiscal problems
BCB leaves Selic rate at 13.75%, stressing lower inflation is partly due to subsidies
Costa Rican board says it will slow rate rises
Central bank orders 50bp increase, but says cycle will continue at “lesser rhythm”
ECB increases rates by 75bp for second consecutive time
Governing council tightens TLTRO III rates and lowers reserve remuneration
Bank of Canada makes smaller-than-expected rate rise
Macklem says central bank is “getting closer” to end of increases, “but we are not there yet”
Some Latin American central banks pause tightening cycle
Paraguay second to hold rates after Brazil, as Peru and Chile signal they may do the same
Christopher Sims on modelling the inflation surge
Unprecedented series of shocks creates major challenges for central bank forecasters, the Nobel Prize-winning economist tells Daniel Hinge
Credit is tightening for eurozone firms and households, says ECB
Loan demand from firms increased but fell from households, survey finds
Belarus’s governor predicts inflation will fall
Government imposed price controls after sanctions helped push inflation into double digits
Pandemic and Ukraine have altered Europe’s inflation dynamics – IMF
Fund stresses policy-makers face tough trade-offs from high inflation and recession risks