Monetary Policy
Indonesian central bank cuts rates again
Central bank says it will boost economic growth as president pushes fiscal expansion
Overcoming deflation: Japan’s experience and challenges ahead
Haruhiko Kuroda explains how Japan’s long battle against deflation may offer insights for others
San Fran Fed’s Daly plays down recession fears
But there are still problems in labour market, president says in online Q&A
Fund structures are ‘a big issue’ for monetary system – Carney
Immediate redemptions risk amplifying capital flow volatility
Fischer and Hildebrand call for emergency policy tools
Former central bank chiefs say existing monetary tools are “almost exhausted”
RBA ready to cut rates below record-low 1% – minutes
On August 6, central bank cut its growth projections on higher international trade tensions
Trump attacks ‘horrendous lack of vision’ by Powell
President calls for return to crisis-era policies; acknowledges strong dollar is harming other economies
RBNZ takes further steps to improve regulation and oversight
Regulators’ new “vision” incorporates climate change and social inclusion
The Fed’s trade policy dilemma
FOMC should loosen, but members must speak out more forcefully against tariffs
PBoC reforms rates mechanism in bid to cut funding costs
Loan prime rate will replace existing benchmark lending rates
IMF staff praise Dominican Republic’s central bank
Policy changes increased central bank’s credibility in anchoring inflation expectations, IMF staff say
Mexico cuts rates for first time in five years
Economy has had weakest first-half growth in six years, Dallas Fed reports
Trump criticises ‘clueless Jay Powell’ as markets plunge
US equity markets face sell off and 30-year treasuries dip below 2% for first time
Fed paper looks at negative rates’ impact on eurozone banks
Effects of policy rate cuts on equity change past the zero lower bound, researchers say
Bank of Finland paper studies impact of China’s credit channel
Monetary policy’s effects on credit have significant impacts on economic activity, researchers say
Central banking’s 30-year cycle
Central banking has hit another crossroads, writes Central Banking founder Robert Pringle
Negative ECB deposit rate had limited effects – Bundesbank paper
Well-capitalised banks in core countries responded most to negative rates, researchers find
ECB’s bond purchases restrict monetary policy – DNB paper
Higher demand for safe assets widens sovereign bond spreads- paper
MAS policy stance unchanged despite falling growth
Singaporean government cuts growth forecasts as analysts predict October rate cut
Central banks should use direct lending in shocks – BIS paper
Lending to firms directly could reduce welfare loss during financial shocks, researchers say
ECB’s asset purchases didn’t always stimulate bank lending – research
Sounder banks reduced lending to non-financial firms, Bundesbank paper finds