Monetary Policy
Low inflation will foster growth:Zambia's Fundanga
The achievement and maintenance of a low and stable inflation rate is essential for economic growth, Caleb Fundanga, the governor of the Bank of Zambia, stated.
ECB's Stark hints at standalone hike in July
The European Central Bank looks likely to raise rates only in July rather than tighten policy on a series of occasions over the coming months.
Analysts see point hike from SARB
Ahead of Thursday's rate-setting meeting, observers expect the South African Reserve Bank to increase the cost of borrowing by 100 basis points taking rates to 12.5%.
Vietnam hikes rates, devalues dong
The State Bank of Vietnam's benchmark rate will soar two percentage points to 14% from Thursday in a bid to counter inflation, while the dong's value will plunge by almost 2%.
Who stands to gain from inflation?
Research published by the Bank of Canada details the groups that have the most to gain, and to lose, from inflation.
RBA on why central banks tend towards Fed-set rate
Research by the Reserve Bank of Australia has uncovered why long-term nominal interest rates in a number of inflation-targeting small open economies have tended to be highly correlated with those of the United States.
Canada surprises markets with rate hold
The Bank of Canada's decision to leave rates on hold shocked analysts expecting a 25 basis point cut.
Riksbank drops CPIX inflation measure
Barbro Wickman-Parak, the first deputy governor of the Riksbank, said on Monday that the central bank would phase out its use of the CPIX inflation measure.
Indonesia to target overnight rate
The Bank of Indonesia is looking to enhance its liquidity provision by targeting an overnight interbank rate close to its benchmark rate.
Kansas City Fed uncovers optimal inflation rate
Central bankers should aim for inflation of between 0.7% and 1.4% a year, research published by the Kansas City Fed states.
Targeting impacts little on inflation expectations
Inflation targeting by Latin American central banks is failing to have the desired effect on economic agents' inflation expectations, research published by the Central Bank of Chile finds.
China raises reserve ratio full percentage point
The People's Bank of China upped its reserve requirement ratio by 100 basis points for the first time this year in a fresh bid to cool its overheating economy.
Russia raises rates unexpectedly
The Central Bank of Russia lifted its key refinancing rate by a quarter point to 10.75% for the third time this year on Monday.
UK PPI hits fresh high, Bank may look to hike
Chances that the Bank of England's next rate change will be a rise rather than a cut rose on Monday after government data revealed a surge in factory-gate inflation.
Fed faces quandary after jobless rate surges
The Federal Open Market Committee (FOMC) may have to make another rate cut later this month after unemployment shot up at its fastest rate for 22 years.
Central bank action could lead to inflation
Thomas Jordan, a member of the Swiss National Bank's governing board, has warned that central banks' response to the credit crunch could precipitate inflation.
Chinese monetary policy impacts region
The People's Bank of China's rate moves impact economic growth and inflation in a number of east Asian economies, research published by the Bank of Finland finds.
Trichet steps up inflation rhetoric, hints at hike
Jean-Claude Trichet, the president of the European Central Bank, indicated that the institution's governing council could raise rates as soon as next month despite continuing turmoil in financial markets.
Ikeo gets the nod as Japanese opposition folds
Kazuhito Ikeo, an economics professor, will join the Bank of Japan's Monetary Policy Council after the country's main opposition party decided to revoke its earlier rejection of his nomination.
Bank holds rates as expected
The Bank of England left its key rate at 5% for the second straight month on Tuesday.
Turkey forced to revise inflation target
The Central Bank of Turkey has admitted defeat over plans to reach its proposed 4% inflation target in the medium term.
Swiss inflation soars to 15-year high
Inflation in Switzerland shot up to 2.9% in the year to May, its highest level since 1993, data published on Tuesday revealed.
We'll miss price target: Sri Lanka's Weerasinghe
The Central Bank of Sri Lanka's chief economist acknowledged on Wednesday that inflation would exceed its target range this year.
OMOs have contributed to calm: Japan's Shirakawa
Masaaki Shirakawa, the governor of the Bank of Japan, praised the flexibility of the central bank's money market operations, which had contributed to the relative stability of the country's short-term funding market.