Monetary Policy
Botswana to continue tightening
The Bank of Botswana will maintain its restrictive monetary policy, Linah Mohohlo, the governor of the central bank, said in the opening remarks to the mid-term monetary policy statement.
Asia needs to start raising rates
The recent rise in food prices will significantly impact inflation in Asian economies, according to new research from the Hong Kong Monetary Authority.
FOMC: blue chips and unemployment key indicators
Federal Open Market Committee members are more concerned with so-called "blue-chip" inflation expectations than with lagged actual inflation or analysts' inflation expectations, a new paper form the Dallas Federal Reserve finds.
Bank's outlook wintry for UK economy
The Bank of England gave a dismal forecast for the British economy on Wednesday, predicting inflation to rise to about three percentage points above its target and growth to fall sharply.
Norwegian rates likely to stay high
Norwegian rates, now at their highest level since January 2003, look set to remain at least as steep in the coming months.
Colombia fights above-target inflation
The board of directors of the Banco de la Republica Colombia were unanimous in deciding to raise the central bank's benchmark rate by 25 basis points to 10%, the minutes of the 25 July meeting show.
UK inflation soars to more than double BoE target
The Bank of England will publish its quarterly Inflation Report on Wednesday with annual inflation at more than double its 2% target.
US and European central banks too transparent
Major central banks such as the Federal Reserve, the Bank of England and the European Central Bank (ECB) may be too transparent, new research finds.
Chinese inflation falls for third-straight month
Chinese consumer price inflation fell to a ten-month low of 6.3% in the year to July.
RBA looking to lower rates
The Reserve Bank of Australia has reiterated that it will soon cut its key rate, now at a 12-year high, on signs that high borrowing costs are now curbing domestic demand.
Egypt fears second-round effects, raises rates
The Central Bank of Egypt has increased its three key rates in a bid to contain the impact of soaring food costs.
Russia embraces euro
The euro has gained in importance in Russia as an anchor and reserve currency, according to a new paper from the European Central Bank.
Czechs move on currency fears
The Czech National Bank has cut its benchmark rate for the first time in three years in a bid to halt the koruna's climb.
Korea unexpectedly raises rates
The Bank of Korea raised its benchmark rate to an eight-year high on Thursday in a surprise move.
Bank of England holds
The Bank of England left its benchmark rate at 5% on Thursday.
ECB hints at rate pause for coming months
Jean-Claude Trichet, the president of the European Central Bank (ECB), indicated on Thursday that eurozone rates were now high enough to bring inflation back to target.
HKMA: China should step up tightening
The increase in headline inflation in mainland China calls for additional monetary tightening measures, said Hans Genberg, an executive director of the Hong Kong Monetary Authority.
GCC inflation is imported
Inflation rates in trading partners are the main driver of price pressures in Saudi Arabia and Kuwait, finds a new paper from the International Monetary Fund.
Monetary transmission - markets compared
Monetary transmission mechanisms in emerging markets work with a shorter time lag than those in developed countries, according to a new research from the International Monetary Fund.
Bank's risk forecasts not effective
The Bank of England's risk forecasts for inflation do not perform well, finds new research from the Deutsche Bundesbank.
Analysts split on FOMC outlook
The decision to hold rates at 2% was widely expected, but the Federal Open Market Committee's post-meeting statement has divided Fed watchers.
Papua New Guinea: monetary tightening ahead
The Bank of Papua New Guinea will adopt a tightening monetary policy stance for the remainder of 2008, according to the central bank's latest monetary policy statement.
RBA holds but hints cut to come soon
The Reserve Bank of Australia kept rates at a 12-year high for the fifth-straight month on Tuesday but suggested that it could soon lower borrowing costs.
Indonesia pulls policy levers to curb inflation
Bank Indonesia combined its fourth-straight rate rise with exchange-rate and liquidity measures on Tuesday in a bid to tackle inflation, now in double digits.