Monetary Policy
Fed vice-chair backs further tightening
Clarida says data likely to support further rate hikes as Mester warns US is “beyond full employment”
Draghi confident Italy and European Commission will reach deal
ECB president says momentum is slowing but points to higher negotiated wage growth
Turkish central bank on hold as lira finds support
Central bank holds main rate in first decision after September’s aggressive tightening action
Norges Bank keeps rates unchanged after September hike
Executive board notes higher inflation expectations in Q4
ECB’s normalisation could spell trouble for Italy’s bond market
Rome’s budget row with Brussels escalates just as QE is about to halt
Bank of Canada resumes rate hiking
New trade deal, business confidence and household credit moderating gives green light to rate rise
Dallas Fed paper analyses monetary policy rules
Results are in “stark contrast” to previous research, authors say
Bank Indonesia pauses on rate hikes
Central bank keeps rates unchanged as recent data helps shore up the rupiah
Chile hikes on higher inflation expectations
Tighter US financial conditions contribute to decision
Unconventional policy is best response to financial shocks – ECB paper
Non-standard measures shield borrowers from unwarranted lending rate rises, researchers say
Sarb’s Groepe says inflation could rise further without policy action
South African Reserve Bank plans five hikes of 25bps by 2020
Further US tightening risks recession – St Louis Fed president
Bullard says rates “don’t have to go anywhere” but Bostic warns of potential overheating
Not raising rates could hurt credibility – Mexican board member
Bank of Mexico publishes committee votes in attempt to improve transparency
Inflation expected to reach 10% in Malawi
Rising electricity, food and fuel prices forces inflation well beyond central bank target
Fed’s QE programme changed US corporate financing – BdF paper
Conventional monetary policy and QE have very different transmission mechanisms – researchers
Daly favours Fed’s gradual normalisation policy
The San Fran Fed president will be voting in the next FOMC meeting on November 7-8
Debt poses a threat to African monetary policy – BIS paper
Central bankers could use their influence to encourage government prudence, authors say
Next policy move will likely be hawkish, RBA says
RBA leaves rates unchanged, saying there is more progress to be made
New Zealand Treasury secretary to attend monetary policy meetings
RBNZ’s amendment bill set to create a permanent observer position for the Treasury
MAS adjusts exchange rate policy
Monetary authority only changes the slope of the policy band infrequently
Volatility in equities may soon influence Fed policy, says Moody’s economist
US equity sell-off may be due to Fed policy, says John Lonski