Monetary Policy
Online petition set up to stop ECB rate hikes
A French economist has set up an online petition to muster opposition to the European Central Bank's likely rate hike in July.
Turkey raises rates to 16.25%
The Central Bank of Turkey added 50 basis points to the cost of borrowing on Monday in its first policy vote since abandoning its 4% inflation target.
RBA justifies third-straight rate hold
Australia's monetary-policy makers concluded that, on current policy settings, the necessary moderation in demand growth was likely to occur and so left interest rates unchanged at 7.25% for the third meeting in a row.
Runaway Eurozone inflation hits fresh high
Annual inflation in the euro area surged in May to a record high of 3.7%, up from 3.3% the previous month.
Czech deputy queries Slovak rules to fix prices
A deputy governor at the Czech National Bank has questioned Slovakia's measures to limit inflation in the run-up to its adoption of the euro.
Inflation of paramount importance: BoE's Tucker
A senior Bank of England official has underlined the institution's "overriding" commitment to its 2% inflation target.
India hikes unexpectedly to counter price surge
The Reserve Bank of India surprised markets by lifting its benchmark repurchase rate to 8% on Wednesday.
UK inflation expectations jump to fresh high
A Bank of England survey shows the British public thinks prices will rise by 4.3% over the next 12 months, their highest-ever estimate of annual inflation.
SARB confounds expectations with half-point hike
The South African Reserve Bank raised its policy rate to 12% on Thursday.
Beige Book backs up Bernanke comments
The Federal Reserve's Beige Book indicates the US manufacturing sector is passing on higher input costs to customers.
ECB on why the risks to inflation have risen
The European Central Bank's (ECB) latest Monthly Report outlines why the upside risks to inflation have risen further over the past month.
Low inflation will foster growth:Zambia's Fundanga
The achievement and maintenance of a low and stable inflation rate is essential for economic growth, Caleb Fundanga, the governor of the Bank of Zambia, stated.
ECB's Stark hints at standalone hike in July
The European Central Bank looks likely to raise rates only in July rather than tighten policy on a series of occasions over the coming months.
Analysts see point hike from SARB
Ahead of Thursday's rate-setting meeting, observers expect the South African Reserve Bank to increase the cost of borrowing by 100 basis points taking rates to 12.5%.
Vietnam hikes rates, devalues dong
The State Bank of Vietnam's benchmark rate will soar two percentage points to 14% from Thursday in a bid to counter inflation, while the dong's value will plunge by almost 2%.
Who stands to gain from inflation?
Research published by the Bank of Canada details the groups that have the most to gain, and to lose, from inflation.
RBA on why central banks tend towards Fed-set rate
Research by the Reserve Bank of Australia has uncovered why long-term nominal interest rates in a number of inflation-targeting small open economies have tended to be highly correlated with those of the United States.
Canada surprises markets with rate hold
The Bank of Canada's decision to leave rates on hold shocked analysts expecting a 25 basis point cut.
Riksbank drops CPIX inflation measure
Barbro Wickman-Parak, the first deputy governor of the Riksbank, said on Monday that the central bank would phase out its use of the CPIX inflation measure.
Indonesia to target overnight rate
The Bank of Indonesia is looking to enhance its liquidity provision by targeting an overnight interbank rate close to its benchmark rate.
Kansas City Fed uncovers optimal inflation rate
Central bankers should aim for inflation of between 0.7% and 1.4% a year, research published by the Kansas City Fed states.
Targeting impacts little on inflation expectations
Inflation targeting by Latin American central banks is failing to have the desired effect on economic agents' inflation expectations, research published by the Central Bank of Chile finds.
China raises reserve ratio full percentage point
The People's Bank of China upped its reserve requirement ratio by 100 basis points for the first time this year in a fresh bid to cool its overheating economy.
Russia raises rates unexpectedly
The Central Bank of Russia lifted its key refinancing rate by a quarter point to 10.75% for the third time this year on Monday.