Monetary Policy
Draghi becomes latest target of Trump’s ire
Dovish comments at ECB conference draw accusation of manipulation from US president
RBA signals new rate cut ‘more likely than not’
Labour market will be key factor in any future easing of monetary policy
CBRT cuts rates for primary dealers
New liquidity facility designed to contribute towards financial market deepening, central bank says
Review calls on IMF to deepen monetary expertise
Independent report says IMF broadly made the right calls on risks around unconventional policy
SNB replaces Libor with new reference rate
Future of Libor is “not guaranteed” and underlying volume is “dwindling”, says Thomas Jordan
IMF welcomes Tunisia’s tougher monetary policy
Further rate increases might still be warranted this year, say executive directors
South Korean governor lays ground for rate cut
Rate cut seems more appealing to the BoK amid worsening trade war
Trump claims Fed is giving China the upper hand
Chinese president “can do whatever he wants”, Trump complains
BoE officials say central bank still on course for a hike
Rate hikes still most likely course of action, but Brexit could drastically alter outlook
Chile’s central bank surprises markets with ‘out of the blue’ rate cut
Lower growth and weak commodity prices push board to cut rates by 50 basis points
PBoC ramps up liquidity support for commercial banks
Injection is the second largest loan of its kind on record
Draghi strikes downbeat note as ECB extends policy rate hold
ECB president expresses concern over eurozone manufacturing and global tensions
Costa Rica lowers reserve requirements on domestic currency
Move follows IMF recommendation to boost domestic currency use in highly dollarised economy
Carney warns of ‘global liquidity trap’
BoE governor says model of “capital flows at risk” highlights important vulnerabilities
RBI cuts rates again amid growth and non-bank concerns
Fresh trouble in the non-bank sector raises concerns over broader financial system
Kenya’s rate controls caused ‘collapse’ in credit – IMF paper
Caps undermined central bank’s control over signalling policy stance, researchers find
Dominican Republic announces easing measure
It is necessary to react to “unstable” global economy, governor Héctor Valdez Albizu says
Fed stands ready to act, says Powell
Fed will “act as appropriate” to sustain growth amid uncertainty from trade negotiations, says chairman
Bullard says Fed may need to cut rates ‘soon’
Market-implied probability of a cut in September now above 80%