Interest rates
BoE’s Pill says UK facing strong ‘inflationary momentum’
Latest inflation forecast “does not make for pretty reading”, says chief economist
China cuts key lending rate
Authorities acknowledge “complex and severe environment” as they step up support
Rates round-up: South Africa, Philippines and Egypt hike
Emerging markets tighten policy amid unrelenting inflation
Book notes: Tumultuous times, by Masaaki Shirakawa
A rare and refreshingly honest description of a governorship that spanned a series of crises
Mervyn King says central banks made ‘serious errors’ on inflation
Former BoE governor says UK should raise rates further to curb spiralling prices
Austria’s Partsch explains decision to raise equity exposures
Central bank boosted equity investments from 5% to 12% in the wake of the pandemic
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
Lagarde signals first ECB rate hike in July
Nagel stresses risk of acting too late, as Villeroy says fiscal-monetary alignment no longer possible
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
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
Norges Bank bucks global trend with rate hold
Inflation has so far fallen short of the central bank’s projections
Central Bank of Brazil takes main rate to 12.75%
Committee signals it is likely to continue increasing rates at its next policy meeting in June
BoE raises rate to 1% as recession risks mount
Inflation expected to climb above 10% and GDP growth to drop to around zero
Fed makes first 50bp rate hike in decades
Central bank under pressure to curb inflation without crashing the economy
RBI hikes at unscheduled monetary policy meeting
India joins race to tighten policy, amid “vortex” of economic forces