Monetary Policy
Bank of Canada resumes rate hiking
New trade deal, business confidence and household credit moderating gives green light to rate rise
Dallas Fed paper analyses monetary policy rules
Results are in “stark contrast” to previous research, authors say
Bank Indonesia pauses on rate hikes
Central bank keeps rates unchanged as recent data helps shore up the rupiah
Chile hikes on higher inflation expectations
Tighter US financial conditions contribute to decision
Unconventional policy is best response to financial shocks – ECB paper
Non-standard measures shield borrowers from unwarranted lending rate rises, researchers say
Sarb’s Groepe says inflation could rise further without policy action
South African Reserve Bank plans five hikes of 25bps by 2020
Further US tightening risks recession – St Louis Fed president
Bullard says rates “don’t have to go anywhere” but Bostic warns of potential overheating
Not raising rates could hurt credibility – Mexican board member
Bank of Mexico publishes committee votes in attempt to improve transparency
Inflation expected to reach 10% in Malawi
Rising electricity, food and fuel prices forces inflation well beyond central bank target
Fed’s QE programme changed US corporate financing – BdF paper
Conventional monetary policy and QE have very different transmission mechanisms – researchers
Daly favours Fed’s gradual normalisation policy
The San Fran Fed president will be voting in the next FOMC meeting on November 7-8
Debt poses a threat to African monetary policy – BIS paper
Central bankers could use their influence to encourage government prudence, authors say
Next policy move will likely be hawkish, RBA says
RBA leaves rates unchanged, saying there is more progress to be made
New Zealand Treasury secretary to attend monetary policy meetings
RBNZ’s amendment bill set to create a permanent observer position for the Treasury
MAS adjusts exchange rate policy
Monetary authority only changes the slope of the policy band infrequently
Volatility in equities may soon influence Fed policy, says Moody’s economist
US equity sell-off may be due to Fed policy, says John Lonski
ECB board weighs external risks in policy meeting
Risks in growth outlook “broadly balanced”, ECB reports
Lagarde defends rate hikes as Trump calls Fed ‘crazy’
“I think the Fed has gone crazy”, US president says
Central Bank of Bahamas lagging in independence and transparency – IDB
Independence and transparency influence the central bank’s credibility in controlling inflation, economist says
Williams says Fed policy is almost normal
In achieving Fed’s mandate, “this is about as good as it gets”, New York Fed president says
Zimbabwe’s central bank struggles to stem bond note crash
Government economist claims central bank has resorted to printing money