Monetary Policy
New Zealand cuts by half a point
The Reserve Bank of New Zealand on Thursday cut rates by half a point for the first time in almost seven years on evidence the country's economy was now in recession.
Brazil hikes but hints tightening may moderate
The Central Bank of Brazil raised its key rate by 75 basis points for the second-straight vote on Wednesday, but looks likely to back smaller hikes in the coming months.
China inflation slumps for fourth-straight month
Chinese annual inflation plummeted by almost one-and-a-half percentage points last month to 4.9%.
BoE deputy's outlook gloomy for UK economy
Sir John Gieve, a deputy governor at the Bank of England, has warned that growth will slow and inflation surge in the coming months.
Core inflation a better signal of price trends
The relationship between headline and core inflation has changed significantly over time, research published by the Federal Reserve finds.
Academics urge ECB to enhance communications
The European Central Bank's (ECB) communications practices are hampering the institution's inflation-fighting credentials, academics have argued.
Ghana still going for goal
Lionel Van Lare Dosoo, a deputy governor at the Bank of Ghana, tells Central Bank News why the institution's Olympian efforts to eradicate the country's inflation problem will stay on track despite recent events.
Don't rely on oil discount, warns IMF's Lipsky
John Lipsky, the first deputy managing director at the International Monetary Fund, has warned central banks to stop relying on a fall in oil prices to temper inflation.
Israel split on rate-hike vote
The Bank of Israel's rate-setting board was split on whether to lift rates in August.
RBA's Stevens sees inflation falling
Inflation will remain uncomfortably high until the end of the year but should fall back after, Glenn Stevens, the governor of the Reserve Bank of Australia, has said.
New RBI governor pledges to fight inflation
Duvvuri Subbarao, who took the helm at the Reserve Bank of India on Friday, has said fighting inflation is his "immediate priority".
Rate cut proves RBA wrong: ex-governor Fraser
Bernie Fraser, a former governor of the Reserve Bank of Australia, has said that the central bank's September rate cut confirms it misjudged the economic climate in raising rates earlier this year.
We deserve praise: Philippines' Tetangco
Amando Tetangco, the governor of the Central Bank of the Philippines, believes the institution's Monetary Policy Committee has performed well, all things considered.
ECB tweaks collateral requirements
The European Central Bank (ECB) on Thursday acted on fears banks were taking advantage of its collateral rules by applying a haircut of 12% to asset-backed securities.
Riksbank hikes but hints at cuts to come
The Riksbank raised rates to a 12-year high on Thursday but indicated that it was likely to cut borrowing costs more sharply than previously thought next year.
The Fed should have followed the shadows: Poole
The US economy would have performed better during the Great Inflation era if the Federal Reserve had implemented the policy of the Shadow Open Market Committee, new research co-authored by William Poole, a former president of the St Louis Fed, finds.
Three regional Feds wanted discount rate rise
Directors of three regional Federal Reserves called for a quarter-point increase to the discount rate in July.
Canada holds, says policy appropriately loose
The Bank of Canada on Wednesday kept its key rate at 3% for the second straight vote, deeming rates "appropriately accommodative" given the risks to growth.
Fed funds rate fails to capture policy stance
Eric Rosengren, the president of the Boston Federal Reserve, has noted that the federal funds rate cannot be seen as a fair reflection of the Fed's monetary policy stance in times of stress.
Smaller MPCs rely more on staff views
The use of staff-policy recommendations by central banks' monetary policy committees is negatively related to the size of the rate-setting board, research published by the National Bank of Hungary finds.
Australia cuts on signs of slower growth ahead
The Reserve Bank of Australia lowered its key rate from a 12-year high on evidence that earlier hikes have succeeded in subduing demand.
Risks from low rates warrant attention: Shirakawa
Central banks must be watchful after a period of low rates, cautioned Masaaki Shirakawa, the governor of the Bank of Japan.
China eases lending rules to sustain growth
The People's Bank of China said Monday it will make lending more flexible to encourage "stable and relatively fast growth".
Turkey's Yilmaz on factors influencing food costs
Both supply and demand factors have contributed to the recent surge in food prices, said Durmus Yilmaz, the governor of the Central Bank of Turkey.