Operating framework
Central Bank of Kenya halts reference rate calculation
Rate made redundant by interest cap, Njoroge explains
Money targeting key to Egypt reform programme
Central bank to maintain flexible exchange rates and keep a close rein on the money supply
Thai governor calls for rethink of monetary policy frameworks
New structure should systematically acknowledge negative impact of monetary policy
Adopting inflation target can create higher inflation – paper
Some central banks may be tempted to move the goalposts, authors find
Czech Republic closer to euro adoption but still not ready – CNB
Economy is converging with Europe but accession could prove costly
Riksbank’s Jansson rejects calls to scrap inflation target
Critics likely underestimate benefits of current monetary policy framework
Rate pass-through 'weaker and slower' in Mongolia – paper
Bank of Mongolia should implement further reforms, authors say
Gulf central banks should act to boost liquidity – IMF report
Countries could face credit and liquidity squeeze unless they take action
Serbia is ready for lower inflation target – Tabaković
Monetary policy and fiscal discipline has allowed Serbia to “join the ranks” of low-inflation countries
Central Bank of Honduras legislation needs to be ‘fast tracked’, says IMF
Implementation of inflation targeting regime hinges on legislative change, IMF says in latest report
IMF praises Argentinian central bank for proposed changes to monetary policy framework
IMF encouraged by Argentina’s progress but says more effort required to strengthen monetary policy framework
Central Bank of Egypt devalues currency
Egyptian pound falls 32% as central bank moves to align official and black market rates
East Africa inches closer to monetary union
IMF official offers advice on allocating financial stability authority
Egypt PM signals move to unify exchange rates
IMF moving closer to agreement on funding
Carney’s decision is bigger than one man’s career
BoE governor's decision to stay or go will have wide ramifications
Canada opts to retain 2% inflation target
Target remains, though central bank adopts new measures of core inflation
No change to monetary policy, UK finance minister says
Hammond clarifies comments made by PM, emphasising the government will not be altering BoE mandate
What else can central banks do?
Geneva Report’s plea for more action appears misguided
BoE’s new MPC member suggests tweaks to policy approach
Saunders says models that assume pre-crisis level for equilibrium unemployment may be misleading
UK PM says she will deliver ‘change’ to monetary policy
Theresa May criticises monetary policy for punishing savers
IMF: rise of non-banks is reshaping policy transmission
Pass-through of monetary policy grows as non-banks become more important, study finds
Bank of Canada should not raise inflation target – Obstfeld and co-authors
Central bank has been overtaken in transparency metrics, authors say
Inflation expectations more sensitive near the zero lower bound – IMF study
IMF study examines whether monetary policy can boost inflation in constrained environment
Bank of Israel moves to eight-meeting policy cycle
One member objects to loss of flexibilty