Monetary Policy
PBoC cuts reserve requirement in bid to support lending to smaller firms
Move may be "precautionary" response to slowing growth – analyst
Dudley backs floor-based system for setting monetary policy
New York Fed chief highlights drawbacks of pre-crisis corridor system
Quarles: yield curve flattening not “likely” a signal of recession
Flattening is due to lag in pass-through as short-term rates rise, says Fed vice-chair
Canadian households may be responding to higher interest rates - Poloz
Canadian governor says higher interest rates will be warranted “over time”
UK wage growth outstrips inflation
Lower unemployment and above-target inflation reinforce May hike probability
Riksbank should reduce balance sheet to avoid risks – Flodén
“Best way” of running down bondholdings is to hold bonds until maturity
HKMA buys HK dollar for first time in 13 years
HKMA chief says central bank is “fully capable” of defending local currency
FOMC minutes show members expecting higher US inflation
Fed’s rate-setters say current fiscal policy has few historical parallels
New RBNZ mandate is evolution not revolution, says McDermott
Inflation-targeting framework has been tweaked several times already – assistant governor
New York Fed lays out QE unwinding scenarios
Fed’s balance sheet is expected to stabilise between $2.5 trillion and $3.3 trillion
Iran seeks to unify exchange rates amid rial plunge
New rate is meant to eliminate gulf between official rate and market
Central banks should personalise communications – BoE’s Haldane
Explaining how monetary policy affects the lives of everyday people could help bridge trust gap
China's policy transmission increasingly similar to advanced economies – BIS paper
Authors say monetary policy surprises have “sizeable” effects on interest rates in China
Fed’s Powell emphasises ‘patient’ approach to policy
Fed chair acknowledges a few signs the labour market may not yet be at its full potential
Eurozone inflation rises in March
Prices rose year-on-year by 1.4% last month, up from 1.1% in February
Money market revamp would help transmit policy in Iran – IMF
Central bank currently struggles to conduct open-market operations
Language shapes monetary policy preferences in Switzerland – research
Culture partly outweighs shared institutions and economic history in setting priorities
Sarb alters interest rate forecasts to extend easing
Central bank sees three 25bp hikes between now and 2021
Balance sheet features impact global spillovers – NY Fed paper
Researchers find banks’ business models affect the extent to which policy spills across borders
Upgraded Moody’s outlook puts Sarb rate cut bank on the menu
Lower inflation and appreciating rand mean central bank could cut rates at meeting next week