Monetary policy
Governor says BoK must tighten policy ‘before it is too late’
Shin rows back on previous calls to look through inflation and says data points in one direction only
Monetary policy is about robustness, not precision – panel
Uncertainty is no longer an exception but the norm, panellists tell Central Banking London Meetings
Oil price shock to weigh on growth in Guatemala – IMF
Institution adds that central bank’s current monetary policy stance is ‘appropriate’
Policy cannot handle effects of climate change – Slovak official
Authorities will be unable to fulfil mandates if they ignore impact, bank’s head of climate change warns
BI offers more support for rupiah with off-cycle rate hike
Bank plans measures to attract foreign investors to its debt as currency performs worse than expected
Nicaragua holds rates for fifth consecutive occasion
Central bank expects ‘low and stable’ inflation despite uncertain geopolitical environment
Mongolian governor wants more finance sector foreign ownership
Sanjaa also discussed planned mandate change, response to climate change and emerging risks
Iceland could join euro even during a crisis – ECB’s Vujčić
BoE’s Mann also highlights pros and cons of country’s accession at currency conference
Powell lauded for independence fight
Economists discuss former Fed chief’s performance on monetary policy and communications
Yellen draws lessons from an age of extremes
Ex-chair calls on Fed to look through supply shocks, supervise pre-emptively and defend its independence
Euro ‘more appealing’ for both invoicing and reserves, ECB finds
Bank’s annual report on currency’s use draws on findings from Central Banking’s benchmarking
Opinions split on BoJ bond tapering, minutes show
Experts say adjustments to JGB purchases more likely, given divergence of views
Powell makes renewed case for Fed independence
Former chair invokes presidents Kennedy and Adams in plea for institutional autonomy to be respected
Sarb hikes interest rates for first time in three years
MPC split, though governor says this was more about timing than direction of travel
Tensions between Banrep and government ease before elections
Recent ruling by Colombian court further enhances central bank’s independence
IMF approves $695 million funding for Sri Lanka
Funding comes as country grapples with rising inflation and currency depreciation
BoK holds as Shin signals rate hikes to come
Governor says tech growth to outweigh drag of Middle East conflict
Behind the scenes of the Bundesbank’s capacity-building programme
A multi-year effort has helped shore up expertise at West Balkan central banks. Will African and former-CIS institutions be equally responsive to Eurosystem technical assistance?
QT does not produce opposite effects to QE, evidence suggests
BoE study considers implications of 1980s ‘overfunding’ for policy-makers today
Uruguay holds interest rates steady at 5.75%
BCU says balance of risks to inflation are tilted “slightly upwards”
RBNZ governor’s tiebreaking vote keeps rates on hold
New Zealand central bank says rate increases likely at future meetings