Operating framework
Goldfajn stresses current target remains ‘credible’
Central bank pushed back against calls for the target to be raised during 2016 debate
Danish central bank critical of fiscal easing plans
As growth accelerates and inflation rises the economy risks overheating, the central bank says
Theory of inflation dynamics is not good enough, warns Tarullo
Former Fed policymaker says economists are too reliant on shaky concepts
Developing states can improve inflation targeting – IMF paper
The research finds bias in favour of results in line with academic consensus
Debelle calls for more thought on financial stability independence
RBA deputy says financial stability needs its own intellectual framework
Eichengreen supports calls for FOMC to hold more press conferences
Consistency of form around Fed monetary policy meetings “makes sense”
John Williams on the neutral rate of interest and mandate change
Fed president says fall in rate means central banks should work together to review their mandates
Fed’s Williams floats co-ordinated shift from 2% targets
Mandates could change in unison to avoid QE world
Kuroda deflects criticism of 2% target
BoJ governor pushes back at those calling for a reduction in the target
Canadian deputy: inflation target renewal aids policymaking
Renewal period offers bank research opportunity to examine monetary policy framework
Sveriges Riksbank changes monetary policy framework
Swedish central bank formally adopts CPIF and leaves policy rate unchanged
Uzbekistan poised to float currency
From September 5, restrictions on foreign exchange trading will be lifted
Fed paper explores balance sheet effects of liquidity rules
Study of how banks allocate portfolios of liquid assets highlights implications for monetary policy
Draghi’s ‘whatever it takes’ is not credible – Nobel laureate
Chris Sims says ECB may not now be able to stop a run on the euro
Fed’s liquidity policies more restrictive than other central banks
NY Fed article compares Fed’s collateral and liquidity frameworks to other major central banks
Bank of Colombia paper charts fiscal multipliers in developing countries
Stronger fiscal-monetary co-ordination in developing economies during periods of expansion would extract more value from stimulus
Kganyago: monetary policy can't solve South Africa’s structural issues
Sarb governor defends mandate, saying the institution is focusing on what it “can do”, not “what it would like to do”
Evolution of monetary policy in advanced economies spells trouble for emerging markets – paper
Research explores the impact future monetary policy will have on emerging markets
Uzbekistan to press ahead with forex reforms
Authorities plan to “frontload” efforts to unite black market and official exchange rates
Mozambique central bank praised for monetary framework overhaul
IMF staff approve of changes made towards interest rate corridor
IMF praises Madagascar’s approach to monetary framework change
Madagascan central bank to introduce overnight deposit facility to form basis of interest rate corridor
Kganyago says public protector’s response was ‘not good enough’
Response to central bank’s challenge exposed Mkhwebane’s “own lack of competency”, Sarb governor says
Credibility essential to Central Bank of Brazil success, says IMF
Further changes to inflation target could limit future policy space, fund advises
Public protector backs down over Sarb mandate challenge
Mkhwebane admits she lacks power to suggest parliament make changes to the constitution