Monetary Policy
UK PPI hits fresh high, Bank may look to hike
Chances that the Bank of England's next rate change will be a rise rather than a cut rose on Monday after government data revealed a surge in factory-gate inflation.
Fed faces quandary after jobless rate surges
The Federal Open Market Committee (FOMC) may have to make another rate cut later this month after unemployment shot up at its fastest rate for 22 years.
Central bank action could lead to inflation
Thomas Jordan, a member of the Swiss National Bank's governing board, has warned that central banks' response to the credit crunch could precipitate inflation.
Chinese monetary policy impacts region
The People's Bank of China's rate moves impact economic growth and inflation in a number of east Asian economies, research published by the Bank of Finland finds.
Trichet steps up inflation rhetoric, hints at hike
Jean-Claude Trichet, the president of the European Central Bank, indicated that the institution's governing council could raise rates as soon as next month despite continuing turmoil in financial markets.
Ikeo gets the nod as Japanese opposition folds
Kazuhito Ikeo, an economics professor, will join the Bank of Japan's Monetary Policy Council after the country's main opposition party decided to revoke its earlier rejection of his nomination.
Bank holds rates as expected
The Bank of England left its key rate at 5% for the second straight month on Tuesday.
Turkey forced to revise inflation target
The Central Bank of Turkey has admitted defeat over plans to reach its proposed 4% inflation target in the medium term.
Swiss inflation soars to 15-year high
Inflation in Switzerland shot up to 2.9% in the year to May, its highest level since 1993, data published on Tuesday revealed.
We'll miss price target: Sri Lanka's Weerasinghe
The Central Bank of Sri Lanka's chief economist acknowledged on Wednesday that inflation would exceed its target range this year.
OMOs have contributed to calm: Japan's Shirakawa
Masaaki Shirakawa, the governor of the Bank of Japan, praised the flexibility of the central bank's money market operations, which had contributed to the relative stability of the country's short-term funding market.
Bernanke hints at June rate hold
The Federal Open Market Committee's (FOMC) rate-slashing cycle, which has seen rates fall by 325 basis points since September, looks to be at an end.
Nigeria acts to counter likely inflationary surge
The Central Bank of Nigeria has raised rates and its cash requirement ratio on concerns that inflation could soar in the coming months.
Inflation target appropriate: Hungary's Simor
Andras Simor, the governor of the National Bank of Hungary, has defended the central bank's 3% inflation target in the face of political opposition.
Turkish inflation back in double digits
The Central Bank of Turkey looks set to hike rates again after inflation rocketed to 10.74% in the year to May, up from 9.25% the previous month.
SA Mboweni voices agflation fears
Agflation has serious implications for South Africa's poor and unemployed, Tito Mboweni, the governor of the country's Reserve Bank, stressed.
ECB may need to refine collateral policy: Paramo
A member of the European Central Bank's (ECB) governing board has said the institution should consider revising the range of collateral it accepts in its open market operations.
Mboweni on the crunch
Tito Mboweni, the governor of the South African Reserve Bank, said "the fact that we have not had to be concerned about liquidity and financial stability issues has allowed the Bank to continue focussing on its objective of bringing inflation back to…
BoE money-market reforms have worked - paper
This paper by economists from the Bank of England finds that the central banks' introduction of reserves averaging since May 2006 has enhanced banks' ability to manage their daily liquidity requirements, by enabling them to trade in the interbank market…
Mboweni talks tough on rates
Tito Mboweni, the governor of the South African Reserve Bank, said that the central bank's monetary policy committee has discussed the impact of a 200-basis-point hike.
TAF successful in liquidity provision
The Federal Reserve's Term Auction Facility (TAF) is relieving the liquidity concerns and lowering liquidity premiums in the inter-bank money market, a new paper by the Federal Reserve Bank of Dallas finds.
Poland keeps an eye on growth
The National Bank of Poland decided to keep the key interest rates unchanged after a notion of a 25 basis points rise did not pass, the minutes of the April monetary policy council meeting show.
BoJ: risks to global growth keeps rate on hold
Downside risks to global growth have increased due to continuing disruptions in global financial markets and sluggish growth in the United States, according to minutes of the Bank of Japan's Monetary Policy Council meeting in April.
Norway holds rates as inflation creeps up
Norway's central bank kept its policy rate at 5.5% in the face of above-target inflation, concerns over continued market turbulence and signs of slowing growth.