Monetary Policy
Riksbank’s Jansson warned of inflation disappointment at hike meeting
Deputy governor voted against the policy rate hike in December
NY Fed’s Williams advocates change to inflation-targeting framework
But Don Kohn prefers to keep status quo with some supplementary policies
Coomaraswamy sees hope for IMF programme as political crisis fades
Sri Lankan Prime Minister reinstated, paving the way for economic reforms
Israel’s Yaron adopts cautious stance in first meeting
Central bank on hold as downside risks threaten the outlook
Powell sends cautious message to markets
Bernanke says he and Yellen “very lucky” to have served under presidents who respected Fed independence
US interbank market may not recover from QE – Fed paper
Authors warn shrinking the Fed balance sheet might not be enough to revive the market
Denmark intervenes to maintain euro peg
A rate hike is “very likely” if intervention continues, analyst says
Chinese central bank again seeks to boost lending to small businesses
PBoC doubles threshold for loans exempted under reserve-ratio requirements
Icelandic central bank questions reform proposals
Publishing rate paths may not work as intended, external MPC members warn
Lower interest rates make risky investments more likely – BoE paper
Gains from gambling increase when rates are low, researcher argues
The PBoC’s efforts to solve the ‘impossible trinity’
Chinese central bank intervenes to manage offshore renminbi rate
Bank of Mexico raises rates on high inflation and policy uncertainty
The governing board increased the policy rate by 25 basis points to 8.25%
‘Key currencies’ affect patterns of global imbalances – BIS paper
Authors say it is important to think about a “dollar zone” not just the dollar
Riksbank implements first rate hike since 2011
Split executive board reduces inflation forecasts for 2019 and 2020
Indonesia holds rates on solid growth and stronger rupiah
Higher rates through 2018 have attracted capital and helped keep inflation on target
BoE warns Brexit uncertainties have ‘intensified’ as rates stay on hold
Brexit “weighing” on UK markets; committee votes unanimously to keep rates on hold
Causes of liquidity traps are ‘crucial’ to policy response – BdF paper
Liquidity traps caused by investor deleveraging may not respond to QE, researchers say