Monetary Policy
China’s Su looks to clarify policy
Deputy Su Ning says People’s Bank of China will fine tune policy using open market operations
Bank shocks markets with QE extension
Bank of England extends quantitative easing programme to £175 billion as money growth falters
Czechs cut rates to record low
Czech National Bank chops quarter point off official borrowing costs
Many ways lead to inflation targeting
International Monetary Fund compares country experiences with the introduction and implementation of inflation targeting
Japanese more aware of BoJ stability role
Bank of Japan publishes the results of the Opinion Survey on the General Public's Views and Behavior
Goodhart calls for negative deposit rate
Former member of Monetary Policy Committee Charles Goodhart wants Bank of England to follow Riksbank’s lead in cutting deposit rate below zero
Interest rate corridor for Pakistan
State Bank of Pakistan to change its policy rate structure
Indonesia cuts again
Bank Indonesia cuts for ninth month in a row but bullish on outlook for second half of the year
Bank of Estonia – Annual Report 2008
Bank of Estonia’s Andres Lipstok says adopting euro would increase foreign investors’ confidence in the domestic economy
High excess reserves levels not a Fed policy feedback
New York Federal Reserve says level of excess reserves say nothing about Fed’s policies’ impact
UAE to establish official interbank rate
Central Bank of the United Arab Emirates plans benchmark money-market rate to have greater control over borrowing costs
Romania cuts by 50 basis points
National Bank of Romania lowers policy rate to the lowest level in more than a year to ease recession impact
Japanese wages plunge in June
Record fall in pay adds to fears of deflationary spiral in world's second-largest economy
Monetary and fiscal policies must link: RBI head
Reserve Bank of India’s Duvvuri Subbarao says monetary and fiscal policies must be coordinated in the future
Egyptian rate cut fuels equities boom
Rate cut spurs rise in share prices
Fed rate setters impact US Treasury market
New York Federal Reserve assesses the microstructure if the US Treasury securities market
Deflation risk and unemployment hit euro area
Euro-area inflation slumps as unemployment soars
Jamaica cuts rates for second time in a week
Bank of Jamaica has now cut rates by 2.5 percentage points since last Friday. Barbados also chops a half point off deposit rate
Beijing in policy about-turn as stocks dip
People’s Bank of China’s Su Ning says monetary policy will remain loose after main index falls 5%
Turkey would ease if outlook worsens
Central Bank of Turkey moots further monetary easing
Book says Fed “challenged essence of democracy”
Pulitzer Prizewinner says Bernanke had more authority to fix subprime mess than any other individual
Estonia to head straight for euro – Lipstok
Bank of Estonia’s Andres Lipstok says euro adoption is a key priority
Bank unveils commercial paper facility
Bank of England details Secured Commercial Paper Facility aimed at bolstering companies’ working-capital requirements
Bank says Asset Purchase Facility works
Bank of England confident Asset Purchase Facility (APF) helps corporate bond market