Monetary Policy
Doves vs hawks: IMF advice on unconventional monetary policy
Funds’ advice on innovative measures has not always “stood the test of time”, writes Philip Turner
BIS says theory behind EME policy must catch up with ‘reality’
Situation is similar to adoption of inflation targeting in early 1990s, says BIS annual report
Bank of Mexico holds rates amid growth fears
“High degree” of uncertainty over inflation as trade tensions with US persist
MAS triples yearly profit, but warns growth may fall
Singaporean central bank says US-China tensions may cut GDP growth
Iceland cuts rates on weaker growth forecasts
A reduction in key tourism sector may be worse than previously thought
Riksbank cuts number of monetary policy meetings
Swedish central bank aims to optimise research and forecasting resources
Rupiah stability in focus as Bank Indonesia eases requirements
Central bank likely to wait for the Fed’s rate decision before cutting main rate
RBNZ keeps rates unchanged but signals future cuts
New Zealand central bank thinks lower rates may be needed due to weak global and local growth
Could the Fed cut short its balance sheet plans?
Fed watchers weigh in on possible balance sheet moves in July meeting
Zimbabwe’s move to ‘mono-currency’ regime triggers sharp rate hike
Central bank hikes overnight rate by 35 percentage points as local currency becomes sole legal tender
Senior Fed officials weigh in on potential rate cut
Bullard, Brainard, Clarida and Kashkari highlight strengthened case for cuts, while Kaplan warns on financial stability implications
BoJ moves quietly away from negative rate
BoJ reduces number of current account balances charged a negative interest rate
IMF’s IEO outlines plan for capital flows evaluation
Some countries say the fund may now be too quick to endorse capital flow restrictions
Central banks cannot fight a populist Tweet storm – panel
Populist leaders such as Donald Trump comfortably outgun central banks on social media
Australian central bank may cut rates again – governor
Looser policy may be needed to lower unemployment and boost income, Philip Lowe says
Costa Rican central bank cuts rates for third time since March
Government supports efforts to stimulate credit by ‘cleaning’ credit records of 60,000 Costa Ricans
Weidmann accepts OMT as ministers discuss Draghi succession
Bundesbank president withdraws his opposition to OMT programme unveiled by Mario Draghi in 2012
Norges Bank hikes rates again, citing stronger growth
Governor says further rate rises likely this year as growth and inflation beat forecasts
Mozambique slashes rates to 13.25%
Inflation is falling, but IMF warns that after-effects of cyclones could push prices back up