Monetary Policy
BOJ's Mizuno says gradual rate hikes needed
Bank of Japan policy board member Atsushi Mizuno said on Wednesday 8 November the central bank should gradually increase interest rates as long as recent weakness in economic indicators proves to be temporary.
Bank of England moves rates higher as expected
The Bank of England's Monetary Policy Committee voted Thursday 9 November to raise UK interest rates by 0.25 percentage points to 5.0%.
BoJ likely to raise interest rates before year end
Speaking at a seminar in Tokyo on Tuesday 7 November, the governor of the Bank of Japan, Toshihiko Fukui, indicated that he would be in favour of raising interest rates in anticipation of higher inflation.
RBA raises rates to 6.25%
The Reserve Bank of Australia has increased the official cash rate by 25 basis points to 6.25% as widely expected, after its monthly monetary policy meeting on Wednesday 8 November.
Fed gets ambiguous data, no reasons for a change
Federal Reserve officials are likely to keep US interest rates unchanged at their next meeting, according to this article from Bloomberg published Tuesday 7 November.
IMF's Rato sees need for euro rate increase
Rodrigo Rato, head of the International Monetary Fund, on Tuesday 7 November warned that further European interest rate rises would be needed to keep inflation under control as the economic recovery continues.
Transmission mechanisms of monetary policy-Armenia
The IMF Working Paper "Transmission mechanisms of monetary policy in Armenia: Evidence from VAR analysis" examines monetary policy transmission in Armenia in light of the authorities' intention to shift to an inflation-targeting regime over the medium…
Bernanke sets out his stall
David Hale analyses the decisions Ben Bernanke has made and dilemmas he faces, as he begins to build his brand of monetary policy
Ian Macfarlane - a proud record
Stephen Bell spoke with the former governor of the Reserve Bank of Australia whose decade in charge cemented inflation targeting
Why monetary policies have not been too loose
A further global tightening of monetary policy in an attempt to manage asset-price volatility would be misguided, writes Bill Allen
Barbados sails on
A variety of policy instruments are needed for the central bank to meet the challenges of a small open economy, writes Bernard Codrington of the Central Bank of Barbados
How payment systems affect monetary policy
Payment systems provide the means for making monetary policy. Plans for reforms in one must consider effects on the other, writes Stefan W. Schmitz
SARB's Mboweni on monetary policy decision making
In the speech 'Monetary policy decision making in an uncertain international economic environment' given on 2 November Tito Mboweni of the SARB said sustained lower international oil prices will help to contain inflation in South Africa, but this should…
Polls see BoE raising rates 0.25% next week
The Bank of England is set to raise rates by a quarter point next week according to two recent City polls.
BoJ's Fukui says rate hike will be carefully timed
Bank of Japan governor Toshihiko Fukui said Thursday 2 November that the central bank will take monetary policy action "not too early or too late," for a second rate hike in the current gradual credit-tightening cycle.
Trichet maintains expectations of rate hike
Speaking at the post-meeting press conference on Thursday 2 November European Central Bank president Jean-Claude Trichet endorsed market expectations of a further ECB interest rate hike at its December meeting.
Nov rate hike is 'not a done deal' says BoE's King
Mervyn King, the Bank of England's governor, told the House of Lords on Tuesday 31 October that speculation of another interest rate hike in November is not a "done deal".
Central banks facing effects of money glut
According to this article published Monday 30 October by Bloomberg News, central bankers may have new asset bubbles and inflation risks on their hands without further tightening.
Sweden's Ingves on monetary policy
In the speech 'Introduction on monetary policy' given on 26 October Stefan Ingves of the Sveriges Riksbank said little by little economic activity in Sweden will enter a calmer phase.