Data
Inflation falls more than expected ahead of Fed meeting
Inflation expectations also drop, prompting calls for caution from the Fed
BIS data shows ‘surge’ in OTC derivatives market value
Near 50% increase in space of six months reflects “elevated uncertainty”, BIS says
Bank of Lithuania targets 2025 for data governance overhaul
Central bank moves to “hub-and-spoke” structure as it seeks to streamline reporting and analytics
Eurozone inflation reaches new record of 10.7%
Energy is main driver, but inflation is rising in all sectors, Eurostat figures show
BIS project seeks better historical statistics
Collaboration between BIS, central banks and academia aims at better understanding of economic history
UK inflation dips below 10%
Lower fuel costs bring down headline figure, but underlying inflation remains strong
US household debt rising across the board
Delinquencies for subprime loans are approaching their pre-pandemic proportion
Housing affordability dropping across the US
Fed’s large rate hikes and constrained housing supply create tough market for buyers
US core inflation continues decline
Headline PCE inflation flat as food and energy inflation remains buoyant
Understanding informal remittances
Better tracking of remittance flows could give central banks valuable insights to support policy, say Deepali Fernandes, Amil Aneja and Azar Sultanov
FSB and IMF wrap up post-crisis data gaps initiative
Some issues remain despite “significant progress” since 2009, report finds
Central banks and UN working to improve remittance data
Flows are critical income sources for many economies, but data is often limited
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March
Real house price growth slowing slightly, BIS says
Advanced economies still seeing price increases that are close to historic highs
NY Fed releases supply chain pressure tracker
Recent months have seen resurgence of supply chain bottlenecks
Small drop in US CPI hints at inflation reprieve
Economists estimate US is past inflation peak, but other G7 nations may still be on the upward leg
Norway’s headline inflation increases to 5.4%
Analysts say 50bp rate hike becoming more likely
BIS paper says people should have more power over their data
Authors propose “consent-based architecture” to let consumers control how data is used
BIS figures show banks cutting Russia exposures
Exposures down almost half since Russia annexed Crimea in 2014
UK inflation climbs to 7%
Rapid rise in fuel prices pushes inflation to new 30-year high
Surging US inflation tempered by small drop in expectations
Expectations fall over medium term but rise in short term
‘Financial concerns’ impact consumption – BoE paper
Households with financial worries have a higher marginal propensity to consume, survey shows
SNB profits rise to $28.5 billion
Central bank reaffirms pledge to halt appreciation of the franc
Eurozone inflation reaches new record high of 5.8%
Energy inflation remains main factor boosting prices, at 31.7% in February