Monetary Policy
Trump tariffs could force Fed’s hand – IMF
US central bank could be forced to raise rates more quickly if tariffs force prices higher
Monetarist perspective affects normalisation forecasts – Chicago Fed paper
Incorporating money demand into projections affects forecasts of remittances and money multiplier
US tariffs pose risk to Canada’s rate path – IMF
Bank of Canada should be prepared to cut rates if growth falters
IMF demands reinforced inflation targeting in Argentina
A new central bank charter should reinforce independence, fund says
Fed signals solid growth in report to Congress
FOMC members support gradual normalisation of monetary policy
BoJ looks set to cut its inflation forecast – again
There is no exit in sight for the Bank of Japan as inflation is likely to disappoint yet again, warns Sayuri Shirai
BoE’s Cunliffe makes case for ‘stodgy’ policy
Monetary policymakers should not act too fast when uncertainty is high, deputy governor says
Vietnam says it is “actively prepared” to intervene in forex market
Interventions have helped protect the dong’s value, but depreciation gathered pace in June
IMF aims at major reforms of Malawi’s central bank
Aid aims to help central bank move to interest-rate-based framework and inflation targeting
Brazilian government must respect central bank independence – IMF
IMF directors warn against excessive exchange rate interventions
Bank of Canada hikes rate on solid growth
Tariffs on steel and aluminium expected to have modest effect on growth and inflation
Argentina tweaks monetary policy framework
Committee will now meet once a month and publish members’ votes
Communication strategies too weak to ‘pierce veil of inattention’ – research
Survey evidence is too poor and central bank communication too ineffectual, say economists, but reforms could open up new mode of policymaking
Extra inflation forecasts will boost transparency – Mexico’s Guzmán
Mexican deputy highlights importance of transparency in uncertain economic environment
Tunisia should focus monetary policy on tackling inflation – IMF
Fund completes third review of extended fund facility with North African country
IMF paper praises Chilean central bank’s forward guidance
Central bank’s monetary policy predictability and efficacy was “quite high”
Erdoğan set to wield greater power over Turkish economic policy
President has said central bank’s rate hikes have helped boost inflation
Danish governor reflects on central bank’s legacy at 200th anniversary
Fixed exchange rate adopted in 1982 was a turning point, Rohde says
Praet gives upbeat assessment of eurozone outlook
Strength of the eurozone economy gives “grounds to be confident” on inflation, chief economist says