Interest rates
Norwegian central bank hikes rates as inflation rises
Central bank increases the policy rate by 25 basis points to 1%, despite global uncertainty
Mortgage innovations fuelled pre-crisis housing boom – paper
Researchers look at 60 million US mortgages to examine non-traditional mortgage products
IMF supports Argentina’s efforts to tame inflation
The central bank extended its monetary base targeting after inflation rose sharply in February
BIS paper studies high-frequency data on central bank intervention
Sterilised foreign exchange interventions can help to slow credit growth, authors find
Pressure on Hong Kong dollar set to continue despite a dovish Fed
HKMA intervenes to defend peg, with pressure looking likely to continue
Brazil’s Campos Neto calls for independent central bank
President Jair Bolsonaro promised formal central bank independence during 2018 campaign
Argentina toughens monetary targeting on higher inflation
Government to send bill to parliament to prohibit central bank from financing the Treasury
Developed world needs fiscal boost – Romanian deputy governor
Once wages recover pre-crisis level, inflation will rise fast, research finds
Turkey’s monetary policy will depend on fiscal caution, central bank says
Minutes say MPC could further tighten policy if the government fails to deliver on promises
Summers and Rachel set out fresh evidence on secular stagnation
Policy-makers may need to rethink their approach in a world of ultra-low real rates, authors say
Climate change matters for monetary policy – RBA’s Debelle
More frequent and acute climate disruptions need inclusion in economic models
NY Fed activates motion to dismiss TNB’s lawsuit
“The relief TNB seeks is wholly incompatible with the public interest” – New York Fed
Housing prices fuelled by low interest rates in Australia – research
Increased migration has also boosted rents since the 2000s, RBA authors find
BoE economists find CBDC could permit helicopter money
Helicopter drop could be feasible without losing control of rates but may still be unwise, authors say
Brainard hints at Fed’s monetary policy plans
Governor’s speech signals plans on policy rates and Treasury bills purchasing after QT end
Weak pass-through may shield UK from sudden rate rise – BoE’s Saunders
Central banks may start to lose control of policy transmission even above lower bound, says MPC member
Two FOMC members signal Fed may hold rates steady
New York and Boston Fed presidents expect US growth to slow to 2% this year
Central bank outlook is key to rate decisions’ impact – Bundesbank paper
“Pure policy” and “information” shocks have very different effects on economy, researcher argues
Bank of Canada keeps rates unchanged on weaker economic outlook
The central bank thinks it is still necessary to keep policy rate below its neutral range
Malaysia keeps rates unchanged on lower inflation pressure
Interest rates remain at 3.25% as lower oil prices keep headline inflation under control
Trump criticises Powell over strong dollar
President complains about Fed’s rate hikes and quantitative tightening in driving up the dollar
RBI and Indian government boost banking sector as election nears
Central bank injects liquidity into banks as government re-capitalises more state-owned lenders
Brazilian senate confirms new central bank president
Roberto Campos Neto arrives to the Central Bank of Brazil after 18 years at Banco Santander
NBKR cuts rates as deflation bites
Broad-based drop in prices prompts 25bp rate cut