Monetary Policy
Colombia holds rate on uncertain economic outlook
Higher oil prices are contributing to solid growth, but are beyond the central bank’s control
Swedish growth surprise could herald Riksbank hike
Swedish economy expanded above forecasts, boosted by consumption, inventories and exports
Bank of England poised for hike despite weak data
Economists still expect a raise in interest rates when the MPC meets next week
Draghi sounds confident note on inflation and growth
ECB president says data points to “solid and broad-based” growth in eurozone
Chile’s central bank fears effects of possible trade war
Central bank keeps interest rates steady as trade worries hurt price of copper
BoJ may tweak policy at next meeting – local media
Speculation comes as Japanese central bank intervenes in bond market for first time since February
Peru central bank clashes with IMF over communication
Central bank says it has no plans to modify communication given success of guidance
Flattening yield curve opens questions about nine-year US expansion
Officials and market observers disagree about information conveyed by bond yields
Ghana under pressure from Fed hikes – governor Addison
US policy normalisation sends Ghana’s inflation into double figures while the currency falters
Ukraine’s central bank goes back to 5% inflation target
National Bank of Ukraine raises rates, despite falling core and headline inflation
Lira plunges as Turkish rates stay on hold
Central bank inactive despite spiralling inflation and looming debt crisis
Viability of debt issuance could be hit as QE ends – Bank of Canada paper
QE played important role in funding treasury debt issuance, researchers say
Trump criticises Fed over rate rises and threatens higher tariffs
US president says rate hikes are “taking away our competitive edge”
South African central bank predicts higher inflation and more rate rises
Inflationary pressures are rising, Sarb says
Banque de France paper finds ‘behavioural channel’ to QE
Repeat lab experiments imply people do not converge towards rational expectations
ECB’s easing policies reduced inequality, paper says
Overall effects of monetary policy on income inequality are modest, paper finds