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Monetary Policy

BoE's Sentance on the inflationary threat

In the face of the current oil and commodity price pressures, policymakers cannot expect to maintain the benign world of steady growth and consistently low inflation, said Andrew Sentence, a member of the Bank of England's Monetary Policy Committee.

On the roots of housing bubbles

Regions or economies with a low share of owner-occupied houses are more prone to housing bubbles that are driven by locally unstable rent dynamics, research published by the Central Bank of Turkey argues.

Differences between Fed and ECB overplayed

The divergences between the Fed's dual mandate and the European Central Bank's (ECB) task of maintaining price stability have little impact on policy in the medium- to long-term, notes Ignazio Visco, a deputy director general at the Bank of Italy.

Tightening prospects fade in Japan

The prospects for a rate hike in Japan in the near future have become even smaller after a quarterly report by the Bank of Japan indicated that economic conditions have worsened in eight of the country's nine regions since April.

Have Australian rates peaked?

The statement accompanying the latest monetary-policy decision of the Reserve Bank of Australia suggests that the central bank's long cycle of monetary tightening may be over.

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