Monetary Policy
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
Central banks have not yet figured out how to control all money-like instruments, says Andrew Metrick
Bank of Israel launches surprise rate hike
Interim governor oversees first rate hike since 2011
Ageing population could harm policy transmission – BoE’s Saunders
Interest rates’ “cashflow channel” may weaken, says MPC member
QE has persistent impact on foreign exchange, researchers find
European Central Bank QE caused euro to fall 12% against dollar - Dallas Fed paper
ECB paper examines banks’ responses to unconventional policy
Weaker banks’ sheets reduce credit supply in response to conventional policy shocks, paper finds
RBNZ and Fed ran similar policies despite different mandates, paper finds
New Zealand’s inflation target led to similar policies as Fed’s dual mandate, researchers find
Bank of Canada to weigh up alternatives to inflation targeting
Central bank will hold “full horse race” between nominal GDP targeting and other alternatives, Wilkins says
Advanced economies suffer greater spillovers – BIS research
Study examines extent to which various central banks cause and suffer policy spillovers
Media matters
Mike Hannah says central bank communications teams need to look beyond traditional media
Political angst affecting the exchange rate, says Bank of Mexico
Central bank hikes rates as political decisions begin to take a toll on financial market
Weidmann calls for dropping QE tools in normal conditions
Long-term ultra-loose policy may have shifted natural rate of unemployment – Bundesbank head