Monetary Policy
Fed unanimously supported 50 basis point cut
All ten members of rate-setting Federal Open Market Committee (FOMC) were in favour of 50 basis point cut, the minutes of the 18 September meeting reveal.
Kenya holds rates at 8.75%
The Central Bank of Kenya decided on Thursday to hold its benchmark rate at 8.75%.
Philippines cuts rates
The Central Bank of the Philippines surprised the markets on Thursday by deciding to lower its key policy rates by 25 basis points to 5.75%, for the overnight borrowing rate, and 7.75% for the overnight lending rate.
Turkish governor explains September rate cut
Durmus Yilmaz, the governor of the Central Bank of Turkey, on Friday explained why the central bank decided to make a surprise rate cut in September.
Maintaining growth motivated cut - Fed's Kohn
A 50 basis point cut was necessary to keep the economy on a sustainable growth pace, said Donald Kohn, the vice chairman of the Federal Reserve.
ECB holds rates, but "stands ready" for rise
The European Central Bank (ECB) on Thursday decided to hold its benchmark rate at 4%.
Old Lady holds rates, relaxes reserve rules
The Bank of England's monetary policy committee on Thursday said it would keep its benchmark rate at 5.75%.
Barbados to give more power to central bank
The Central Bank of Barbados could be granted more independence if the country's parliament agrees to pass its latest Central Bank act. The island's authorities will also open a financial services regulator within months.
Nigeria hikes rates
The Central Bank of Nigeria said on Thursday it would raise its benchmark monetary policy rate by a full percentage point to 9%.
Bernanke schedule reveals markets' influence
Details of the diary of Ben Bernanke, the chairman of the Federal Reserve, show the extent to which Wall Street executives, along with money managers and cabinet officials, played a role in his policy about-turn on 17 August.
Serbia holds rates
The National Bank of Serbia decided on Monday to keep its key policy rate at 9.75%.
Interest rates and the economy: the best models
Analysis conducted by the Bank of Canada of six models looking at the relationship between the term structure of interest rates and the macroeconomy, found those following Diebold and Li's work performed the best.
SA's Mboweni on the importance of communication
The need for good communication to support an effective monetary policy regime has again been underlined by Tito Mboweni, the governor of the South African Reserve Bank.
OECD advises UK to cut rates
The UK should lower interest rates, the Organisation of Economic Cooperation and Development (OECD) has said.
Spain's Solbes supports Trichet on Sarkozy debate
Pedro Solbes, the Spanish finance minister, indicated that he would side with Jean-Claude Trichet, the president of the European Central Bank (ECB), over his recent exchange with Nicolas Sarkozy, the French president.
Banks snub Old Lady's three-month money
The Bank of England received no bids for its additional three-month tender on Wednesday but the European Central Bank (ECB) revealed that it had loaned €3.9 billion the same day from its marginal lending facility.
Czech central bank holds rates
The Czech National Bank decided on Thursday to keep its benchmark interest rate at 3.25%.
Canada's rate path uncertain - Dodge
A rise in value of the Canadian dollar and mixed signals on inflation risks will present the Bank of Canada with some tough monetary policy decisions in the coming months, David Dodge, the governor of the central bank, said that on Tuesday.
Swiss bulletin predicts US slowdown
The Swiss National Bank's latest monetary policy report presented a pessimistic outlook for the US economy.
Poland and Romania hold rates
The central banks of Poland and Romania decided on Thursday to leave their benchmark rates unchanged at 4.75% and 7% respectively.
Norway raises rates
Norway's central bank surprised markets by hiking its benchmark rate 25 basis points to 5% on Wednesday.
Slovakia holds rates
The National Bank of Slovakia decided to keep its benchmark rate at 4.25% on Tuesday.
Riksbank's Ingves justifies openness
Stefan Ingves, the governor of the Riksbank, said on Monday that the central bank chose to adopt a transparent monetary policy framework in order to become a more democratic and efficient institution.
Sentance links UK inflation with global economy
The openness of the UK economy makes inflation vulnerable to global forces in the short term said Andrew Sentance, an external member of the Bank of England's Monetary Policy Committee, on Monday.