Monetary Policy
Brazilian central bank cuts rate by 50bp again
Third consecutive 50bp rate cut enjoys unanimous support
Bank of England holds rates in second split decision
UK faces two years of above-target inflation and near-zero growth, forecasts the BoE
‘Conceptual complexity’ has risen in BoE publications, research finds
Conceptual complexity plays central role in expectations, understanding and trust, authors find
Malaysian central bank holds rate
Inflation in Malaysia has slowed but the ringgit is under pressure
Fed holds rates steady again
Powell said the question the committee is asking is should it hike rates more
Fiscal policy may complicate fight against inflation, says Macklem
Bank of Canada governor warns projected spending may ‘not be helpful’ for monetary policy
SNB cuts interest payments amid losses
Swiss central bank lost over Sfr12 billion in Q3
BoJ scraps rigid bond yield cap
Central bank further loosens YCC, ends daily bond buys and raises inflation forecasts
Zimbabwe cuts policy rate to 130%
Reserve Bank reduces rate by 2,000bp as inflation eases, according to official figures
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
The predicament of bloated central bank balance sheets
Swollen balance sheets carry significant risks for combating inflation, ensuring financial stability and preserving central bank credibility, independence and effectiveness. How can central banks reduce them?
Costa Rica and Paraguay whittle away at rates
Both countries make 25bp cuts as inflation falls
Chile continues lowering rates, despite weakening peso
Central bank also halts reserves accumulation, citing market turmoil
Bank of Canada holds policy rate again at 5%
Central bank suggesting rates will stay high as inflation remains strong
ECB holds rates unchanged at 4%
Central bank pauses tightening cycle after 10 consecutive rate increases
Turkey continues rate increases for fifth straight month
Central bank wants Turkey on a ‘disinflation course’ in 2024
RBA’s Bullock rules out setting an employment target
Governor says full employment cannot be reduced to a single measurement
Riksbank to offer counterparties new liquidity and deposit facilities
Measure aims to prevent volatility in overnight market rates as central bank reduces liquidity
Philippine central bank delivers off-cycle rate hike
Governor Remolona said high inflation expectations were ‘very worrisome’
Hungary continues loosening as inflation falls towards 10%
MNB cuts base rate by 75 basis points
Macklem warns Canadian politicians against rates lobbying
Governor says politicians’ letters could suggest ‘operational independence is at risk’
Corporate pandemic cash buffer is running low, finds research
The impact of monetary policy could grow as companies’ cash dwindles, Boston Fed paper says