Monetary Policy
Real interest rates in Sweden
New research from the Sveriges Riksbank discusses the concept and development of the real interest rate and the real repo rate in Sweden.
Swedish rates up, more to come
Sweden's central bank has raised rates by a quarter point to 4.5% - a new 12-year high - with the promise of two further hikes this year.
ECB raises rate to 4.25%
The European Central Bank (ECB) has raised interest rates for the eurozone for the first time in a year.
Weaker unions will limit inflation: BIS's Knight
The outgoing head of the Bank for International Settlements (BIS) offered some succour to central bankers on Monday, saying that the decline of unionisation will mean the second-round effects of the recent surge in global food and commodity prices will…
Eurozone inflation surges to 4%
Euro-area annual inflation is expected to have soared to a fresh high of 4% in the year to June, data released Monday revealed.
Inflation targets impact medium-term expectations
A research paper published by the Bank of England finds evidence that the introduction of inflation targeting has caused both the general public and professionals to anchor their expectations, rather than basing them on current retail price index…
Policy must consider credibility: Canada's Carney
Mark Carney, the governor of the Bank of Canada, has stressed that central bankers must consider the impact that greater monetary-policy flexibility has on credibility.
India's Reddy champions growth for all
Economic growth should only be an objective of the Reserve Bank of India if wealth creation is inclusive, says Y.V. Reddy, the governor of the central bank
Slovakia faces up to inflation threat
Ivan Sramko, the governor of the National Bank of Slovakia, details how the authorities are tackling the threat of inflation in the run up to euro accession and beyond
Colombia's communication challenge
Jose Dario Uribe, the governor of the Banco de la Republica, is well aware of the dangers of letting above-target inflation influence long-term price expectations. But it is trickier convincing others
Bank Indonesia braced for rising prices
Analysts should not doubt the central bank's inflation-fighting credentials, says Budi Mulya, a deputy governor at Bank Indonesia.
Canada to accept US Treasuries for the first time
The Bank of Canada will accept US Treasuries as collateral for the first time ever on Monday.
Egypt hikes rates to combat rampant inflation
The Central Bank of Egypt hiked its benchmark rate half a point and its discount rate a full percentage point on Thursday in a bid to combat inflation, now at a 19-year high.
Taiwan raises rates
Taiwan's central bank has increased its key policy rates by 12.5 basis points each as part of a raft of monetary policy measures aimed at controlling inflation, which is now at a seven-year high.
RBA's Debelle on open market operations
The market turmoil of recent months makes it an opportune time give a speech on how Australia's central bank conducts its open market operations, said Guy Debelle, the assistant governor for financial markets at the country's Reserve Bank.
SARB's Mnyande on recent economic developments
Monde Mnyande, the chief economist of the South African Reserve Bank, has set out why CPIX inflation is unlikely to return to within the central bank's inflation target range before 2010.
Fed keeps rates on hold
The Federal Open Market Committee (FOMC) opted on Wednesday to hold rates for the first time since August following a sequence of eight straight cuts.
Poland raises rates a quarter point
The National Bank of Poland increased rates by a quarter point on Wednesday.
Turkey will conquer inflation: Yilmaz
The Central Bank of Turkey will not dodge its responsibility for the maintenance of price stability, Durmus Yilmaz, the governor of the institution, stated.
Fed's Kohn advocates exchange-rate flexibility
Donald Kohn, the vice-chairman of the Federal Reserve, has said that the gains from monetary policy would be better achieved with more exchange-rate flexibility.
Norwegian rates rise to five-year high
Norges Bank has increased its benchmark rate by a quarter point to 5.75%, its highest level since January 2003.
Trichet reiterates price stability commitment
Jean-Claude Trichet, the president of the European Central Bank, has said that the rate-setting Governing Council is strongly determined to secure the firm anchoring of longer-term inflation expectations.
India acts on double-digit inflation
The Reserve Bank of India on Tuesday made its second emergency rate increase this month, raising borrowing costs by half a point after inflation reached a 13-year high last week.
Tussle forces Tokyo to drop Ikeo nomination
Japan's ruling party will abandon its bid to appoint Kazuhito Ikeo to the Bank of Japan's rate-setting council after the opposition said it would no longer support the move.