Operating framework
Basel III LCR affects RBI monetary operations – paper
Liquidity coverage ratio affects the central bank’s operational target
PBoC’s hike signals policy management shift
Hui Feng argues the rate move signals a move to market-based tightening
Fed’s Mester says public should not hold policymakers to ‘unrealistic account’
Monetary policy cannot and should not be used to spur productivity growth
IMF gives thumbs up to Indonesia’s new monetary operating framework
Interest rate corridor and switch to new policy rate has improved monetary policy transmission, early data shows
Angola disregards IMF advice on exchange rate overhaul
Angolan authorities disagree with IMF over suggested exchange rate framework
Kazakhstan’s Akishev sets sights on lower inflation
NBK also working on new banking supervision framework
Kenya’s monetary policy framework under threat – IMF
New interest rate caps are “constraining” the central bank’s ability to conduct monetary policy
Norges Bank defends policy framework amid government review
Government is assessing central bank’s governance and monetary policy
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