Monetary Policy
Philippines's Tetangco warns on inflation risks
Prospects of further rate cuts in the Philippines dimmed after Amando Tetangco, the governor of the central bank, highlighted risks to the inflation outlook.
ECB's Trichet reaffirms price stability commitment
Jean-Claude Trichet, the president of the European Central Bank (ECB), explained the thinking behind the eurozone lender's recent policy decision and shift in stance.
Policy forecasts don't damage markets
Central bank guidance about, or explicit forecasts of, likely future policy rates does not impair market functioning, research published by the Bank for International Settlements suggests.
Poole outlines problems of predicting Fed rates
Attempts by the Federal Open Market Committee (FOMC) to provide forward guidance in the policy statement cause more communications difficulties than they solve, says William Poole, the president of the St Louis Federal Reserve.
UK inflation creeps higher
British CPI inflation edged further above the Bank of England's 2% target in January.
Demand for Fed money up in latest auction facility
Results of the latest Term Auction Facility operation reveal a slight rise in demand for Federal Reserve funds.
Chances of rate cut fall on UK inflation data
Further monetary loosening in Britain looked less likely after factory-gate inflation hit its highest level since 1991.
Further rate hikes to come, says RBA
The Reserve Bank of Australia has signalled its intention to raise rates.
Cutting rates a mistake, says Israel's Fischer
Stanley Fischer, the governor of the Bank of Israel, has rebuffed calls to lower rates, saying inflation was too high to warrant a cut.
Punchbowl didn't need re-spiking: Fed's Fisher
Using a barrel of alcohol-related comparisons, Richard Fisher, the president of the Dallas Federal Reserve, explained why he was the only member of the Federal Open Market Committee not to back the recent 50 basis point cut.
Chile holds rates at 6.25%
Concern regarding the global outlook has prompted the Central Bank of Chile to leave rates unchanged in spite of concern over inflation.
Fed's Yellen gloomy on inflation
Janet Yellen, the president of the San Francisco Federal Reserve, has expressed concern over recent developments in inflation in the United States.
BoE makes expected rate cut
The Bank of England's Monetary Policy Committee cut rates to 5.25%, as widely expected.
ECB holds rates, but hawkish tone goes
Jean-Claude Trichet, the president of the European Central Bank, revealed a shift to a more dovish outlook as the governing council held rates at 4% for the eighth straight month.
ECB right but opaque, says report
The latest Monitoring the European Central Bank report, published on Thursday by the Centre for Economic Policy Research (CEPR), suggests that there is much room for improvement in the way the European Central Bank (ECB) sets interest rates and…
Czech Republic raises rates as inflation surges
The Czech National Bank's rate-setting board voted to raise its benchmark rate to 3.75%.
Fed's Plosser on the limits of monetary policy
Monetary policy is not the solution to all economic ills, said Charles Plosser, the president of the Philadelphia Federal Reserve.
Indonesia holds rates
Bank Indonesia's rate-setting board voted on Wednesday to leave rates at 8% in an attempt to bring inflation within the 4-6% range set for 2008.
Recent trends in emerging markets' monetary policy
A new collection of Bank for International Settlements papers investigate major changes in monetary policy transmission in emerging markets over the past decade.
Australia raises rates to fresh high
The Reserve Bank of Australia's rate-setting board voted to raise rates 25 basis points to 7%, their highest level in over 11 years.
Sri Lankan inflation set to fall - Cabraal
Inflation in the Sri Lankan economy is set to moderate in the second half of this year, Nivard Cabraal, the governor of the central bank said.
Romania raises rates by 100 basis points
The National Bank of Romania surprised markets on Monday by raising its benchmark rate a full percentage point to 9%.
Russia raises rates, ups reserve ratio
The Central Bank of Russia has hiked rates and its reserve ratio requirements in a bid to curb inflation.
Canadian exchange rate key to monetary policy
The exchange rate of the loonie is a key element of the Bank of Canada's monetary policy framework, said Paul Jenkins, the senior deputy governor at the central bank.