Monetary Policy
Fed needs sounder framework for QE, G30 economists say
Former heads of BoE, BoJ and NY Fed discuss how US central bank could bolster its independence
Norway and Moldova are first in Europe to hike rates on Iran war
Norges Bank cites broad inflation concerns, but Moldova points to conflict-induced energy spike
BoJ mulled rate hike at March meeting if Iran war dragged on
Minutes show many board members cautioned against monetary response to energy shock
Prolonged Iran conflict poses stability risks – Barr and Woods
Fed governor and UK’s PRA chief also make renewed case for central bank independence
Sarb ‘very committed’ to 3% target, despite current shock
Iran conflict is causing price pain but situation ‘could be worse’, says governor
RBA tightens again as Iran war pushes up inflation
Price shocks caused by conflict have made all Australians poorer, governor says
The Fed’s six-trillion-dollar balance sheet question
Kevin Warsh’s drive to shrink the US central bank’s ledger is unlikely to be a simple task
Bank of Botswana hikes rates in bid to boost transmission
Central bank admonishes lenders for ‘undermining the policy intent’
ECB holds and faces dilemma of whether to hike in June
Lagarde says direction is ‘clear’ as Iran conflict worsens outlook for inflation and growth
Podcast: The potential risks of the Genius Act
How the focus on issuers and reserve assets ignores the wider ecosystem
BoE holds rates at 3.75%
Bank outlines scenarios involving varying degrees of conflict-induced inflation in UK
Brazil delivers rate cut amid rising inflation expectations
Copom says that both inflation and expectations are rising above its 3% target
FOMC holds as Powell decides to stay on as Fed governor
Outgoing chair to remain on board, citing uncertainty over further potential criminal probes
Chile holds policy, pointing to rising risks from Iran war
BCCh says rate path will be considered meeting by meeting, given ‘greater than usual’ uncertainty
Bank of Canada holds amid surging petrol prices
Growth projections largely unchanged as long-term effects of Iran war remain unclear
Thailand holds policy as expected
BoT says Middle East conflict has had direct impact on domestic growth
BoJ holds rates and halves growth forecast
Three dissenting votes mark largest split under Ueda, who points to ‘significantly’ higher inflation
Schlegel suggests SNB prefers FX interventions to negative rates
President says central bank will adjust policy ‘if necessary’
BSP tightens to fight inflation caused by Middle East conflict
Governor says easing cycle is over as bank forecasts price rises of 6.1% this year and 4.1% in 2027
Indonesia holds policy as rupiah stabilisation efforts continue
BI says impact of Middle East conflict continues to affect currency’s value
PBoC leaves loan prime rates unchanged for eleventh month
Widely expected move comes after Pan reiterates ‘moderately loose’ policy stance