Monetary Policy
Old Lady lowers rates to 5%
The Bank of England's Monetary Policy Committee (MPC) cut rates by a quarter point to 5% on Thursday.
Trichet indicates rates to remain at 4%
Jean-Claude Trichet, the president of the European Central Bank (ECB), signalled that the Governing Council will leave rates unchanged for the foreseeable future despite mounting evidence that the credit crunch could severely impact the real economy.
Fed minutes point to moderate easing
The latest Federal Reserve minutes suggest that the period of rapid monetary policy easing that started in late January may be over and could be replaced by a return to a more conventional, gradualist approach.
Thailand leaves rates on hold
The Bank of Thailand has kept rates at 3.25% for the sixth straight vote.
Housing bequests hamper monetary policy in Cyprus
Social customs in the Cypriot housing market interfere with monetary transmission mechanisms, a paper by the Central Bank of Cyprus finds.
ECB's Stark calls for structural reforms
Flexibility in wages and prices plays a pivotal role in helping the EU adjust to adverse shocks, said Jurgen Stark, a member of the executive board of the European Central Bank.
Communication reinforces commitment: Fed's Mishkin
Communication which increases transparency and accountability can play a key role in helping central banks demonstrate commitment to a nominal anchor, said Frederic Mishkin, a governor of the Federal Reserve.
Turkey's Yilmaz on managing inflation expectations
New communication tools have played an essential role in managing inflation expectations in Turkey, said Durmus Yilmaz, the governor of the central bank.
Czech Board's March minutes
The minutes of the March meeting of the Czech National Bank's board show that six of the seven members voted to keep the two-week repo rate unchanged at 3.75%.
Monetary tools limited - SNB's Jordan
There is no magic bullet with which central banks can restore lost confidence among market participants, said Thomas Jordan, a member of the governing board of the Swiss National Bank.
India's inflation surge may mean rate rise
India's key inflation rate rose to a three-year high, said the government on 4 April, raising the possibility of a rate rise being imposed by the Reserve Bank of India.
New members of Bank of Korea's MPC
Lee Myung-bak, the president of South Korea, has appointed three professors as new members of the Bank of Korea's Monetary Policy Committee.
Nigeria raises rates 50bp, flags further hikes
Nigeria's central bank raised rates to 10% and warned that policy would need to tighten in the future with "huge fiscal injections" expected.
Anchoring inflation key - Finland's Liikanen
The anchoring of inflation expectations in line with price stability is of prime importance, said Erkki Liikanen, the governor of the Bank of Finland. Rising commodity prices should not be allowed to generate second round effects on euro area inflation.
Turkish disinflation delayed by global conditions
Rising global uncertainty and rampant food and energy price growth may lead to some delay in reaching the inflation target, the March Monetary Policy Committee Meeting minutes of the Central Bank of Turkey state.
Sri Lanka rebuts IMF report
The Central Bank of Sri Lanka has countered claims, made in an International Monetary Fund report, that poor decision-making has contributed to high inflation in the country.
Bank of Japan survey shows confidence on the wane
The Bank of Japan is likely to adopt a more dovish monetary policy stance and revise growth estimates downwards on the back of a poorer-than-expected Tankan survey.
Australia leaves rates at 12-year high
The Reserve Bank of Australia left rates at 7.25% - their highest level since April 2006.
Hungary raises rates by half a point
The National Bank of Hungary hiked rates by 50 basis points on Monday 31 March from 7.5% to 8%.
RBA's Stevens on the future of liquidity provision
It is likely that arrangements for providing liquidity will continue to be discussed, said Glenn Stevens, the governor of the Reserve Bank of Australia.
ECB in a quandary as inflation rises sharply
The European Union's statistics office said on Monday 31 March that consumer price inflation accelerated to 3.5% this month from 3.2% in February, the biggest rise since June 1992, further exacerbating the European Central Bank's (ECB) monetary policy…
China stands firm on monetary policy
The People's Bank of China said on Monday 31 March, after its first quarter monetary policy committee meeting, that it would maintain its firm attitude to monetary policy, using instruments "in a measured manner".
Deutsche Bank dismisses ECB conflict concerns
Deutsche Bank's chief economist sees no serious conflict between the European Central Bank's price stability objectives and its lender-of-last-resort function.
Kansas Fed finds changing inflation dynamics
This research by the Kansas Federal Reserve finds that the dynamics of inflation and long-term inflation expectations have changed over the last two decades.