Monetary Policy
Chile keeps rates at six-year high
The Central Bank of Chile held rates at 6.25% for the second month in a row.
IMF's Lipsky backs countercyclical fiscal policy
Countercyclical fiscal policies may have to be used alongside monetary policy in order to combat the impact of the expected global slowdown, John Lipsky, the first deputy managing director of the International Monetary Fund, said.
Policy's role grows amid tensions: Canada's Carney
At a time of great uncertainty, it is more important than ever that monetary policy acts as stabilising force, said Mark Carney, the governor of the Bank of Canada.
Norway leaves rates unchanged
The Bank of Norway's Executive Board opted on Thursday 13 March to keep rates at 5.25% for the second consecutive vote.
Swiss rate band remains fixed around 2.75%
The Swiss National Bank (SNB) will keep its target range for three-month interbank borrowing costs between 2.25% and 3.25% for the coming quarter.
Central bankers responsible for lower inflation
Monetary policy credibility accounts for why inflation appears generally to have become less persistent, said Janet Yellen, the president of the San Francisco Federal Reserve.
Argentina's Redrado on lessons from hyperinflation
Lower inflation is the consequence of more responsible fiscal, monetary and wage policies, which might be a result of more awareness of the costs of rampant price growth, stated Martin Redrado, the governor of the Central Bank of Argentina.
Japan should maintain policy stance, says Noda
The Bank of Japan should continue to gradually raise rates in line with improvements to economic growth, a member of the central bank's rate-setting board has said.
BoE's Tucker gets second term on MPC
Paul Tucker, the executive director for markets at the Bank of England, is to serve a further three-year term on the Monetary Policy Committee.
Inflation on course to hit target: NBP's Skrzypek
Polish inflation is still expected to return to target in the medium term, Slawomir Skrzypek, the governor of National Bank of Poland, said.
Friedman and Taylor held similar views
The differences between the way in which Milton Friedman and John Taylor view the way the economy works are small are small, research published by the St Louis Federal Reserve notes.
Japan stays firm on policy
The Bank of Japan's monetary policy stance remained unchanged in spite of an increase in the downside risks to growth, minutes of the February rate-setting meeting show.
Monthly inflation falls in Brazil, yearly rate up
Brazilian inflation slowed for the second straight month in February despite interest rates remaining at an all-time low.
Chinese inflation hits fresh high
Inflation in China soared to a new 12-year high last month, the National Bureau of Statistics revealed on Tuesday 11 March. Prices rose by 8.7% in the year to February from 7.1% the previous month, with food costs up by 23.3%.
UK homeowners fail to benefit from Bank cuts
Cuts to the Bank of England's benchmark rate have had little impact on mortgage rates for some British consumers, data published by the Bank reveals.
Price stability is best aim for policy
Low and stable inflation remains the best contribution monetary policy can make to growth and macroeconomic stability, said Svein Gjedrem, the governor of the Bank of Norway.
China would prosper from currency appreciation
China would benefit from moving to a flexible exchange rate regime and allowing the People's Bank of China greater independence to control inflation, research published by the Bank of Canada indicates.
Former NY Fed director to succeed White at BIS
Stephen Cecchetti, a former director of research at the New York Federal Reserve, is the new head of the Bank for International Settlements' (BIS) monetary and economics department.
Vietnam extends dong band to curb inflation
The State Bank of Vietnam widened the dong's trading band on Monday 10 March in a bid to counter double-digit inflation.
Taiwan set to raise rates
Fai-Nan Perng, the governor of the Central Bank of China (Taiwan), has told the country's parliament that he will carry on hiking rates to dampen inflationary pressures.
Fed's Hoenig notes monetary policy's limits
Thomas Hoenig, the president of the Kansas City Federal Reserve, said he has been struck by the heavy burden placed on monetary policy to cope with the current crisis and its potential spillover effects.
Research on the benefits of information dispersal
Cross-border information sharing allows policymakers to respond more appropriately to common shocks, research published by the Bank of England indicates.
Japan maintains 0.5% target as Fukui steps down
The Bank of Japan opted to keep rates on hold for the 15th straight vote.
Inflation expectations up: Fed's Geithner
Timothy Geithner, the president of the New York Federal Reserve, has acknowledged that inflation expectations have risen in the US.