Monetary Policy
Tunisia keeps rates unchanged on stable inflation
External imbalances remain the main challenge for the North African economy
Kuroda defends BoJ’s asset purchases
Central bank could face problems when it unloads ETFs, former senior official warns
Sarb says new interest rate benchmarks may be calculated with ‘actual’ transactions
Current benchmark rate based on flawed market data, South African central bank says
Falling offshore borrowing has helped shield Australia – RBA official
RBA’s monetary policy has not followed Fed’s normalisation
Brazil’s inflation fell below target in November
Decline comes despite recent fall in currency’s value and turmoil over fuel prices
Turkish inflation falls for first time since March
Currency has begun recovery after reaching record lows against dollar in August
Trade dispute causes PBoC ‘a lot of problems’ – Peking University's Xiao Geng
Monetary policy dilemma for PBoC due to US trade dispute; FSDB can curb regional excesses
Argentina removes interest rate floor
Peso stabilised since central bank introduced floating forex regime in September
IMF advises Ethiopia central bank to stop financing government
Central bank’s tighter monetary policy should be supported by end to monetary financing – IMF
IMF urges Bank of Papua New Guinea to depreciate currency
Fund offers words of warning to island nation over exchange rate woes
Communication of monetary policy took back seat in financial crisis, researchers find
ECB press conferences transmitted non-monetary information in 65% of cases from 1990 to 2017, researchers find
Bank of Canada points to trade tensions as it leaves rates unchanged
Above-target inflation in October is expected to fall in coming months
Indian economy still strong despite financial troubles – RBI
Rapid credit growth continues despite need for ongoing liquidity support for non-banks
Riksbank’s Jansson says he favours higher inflation target
Swedish deputy governor reflects on monetary policy options to deal with next crisis
Fed weighs future policy transmission framework
Implementing technical adjustments might be necessary, Powell says
PBoC’s policy communication could improve - IMF paper
Central bank’s communications should be more timely and accessible, researchers say
Markets may have misread Powell speech, analysts say
Trump intensifies criticism, but Fed likely to continue raising rates
Fed vice-chair calls for gradual normalisation
Inflation expectations may be lower than 2% target, says the Fed’s vice-chair
Janet Yellen backs form of price-level targeting for Fed
Former chair says current system risks downward spiral of long-term rates
US inflation likely to fall below target – San Francisco Fed
Factors unrelated to economic cycle have increased their contribution to price increases in 2018
Podcast: Post-crisis monetary policy
Many things behave like money in the modern economy and central banks have not yet figured out how to control them all, says Andrew Metrick