Monetary policy decisions
ECB to halt PEPP purchases but expand APP
Lagarde says rising inflation will be temporary, but says ECB needs flexible monetary policy
Bank of England raises policy rate
Tightening comes amid inflation surge and just after BoE completes asset purchases
Costa Rica raises rates for first time in three years
Central bank raises policy rate by 50 basis points as Latin America faces rising inflation
Norges Bank increases rates despite below-target inflation
Olsen warns of “considerable uncertainty” as MPC says policy could be loosened or tightened
Fed doubles pace of quantitative easing taper
FOMC says recent inflation figures and labour market strength drove the decision
Chilean central bank continues sharp policy tightening
Second consecutive 125 basis point increase takes policy rate to 4%
Hungary continues campaign of rate hikes
MNB ends asset purchase programme, as inflation rises above 7%
Inflation challenges ECB’s normalisation plans
Central bank expected to confirm end of PEPP purchases on December 16
Pakistan confronts inflation with 100bp hike
Third consecutive increase may be last for a while, MPC says
IMF urges UK to withdraw ‘exceptional’ monetary policy
Fund says signals would dampen inflation expectations while leaving policy supportive
Armenia raises policy rate 50 basis points
Central bank tightens grip on credit with seventh rate hike in 12 months
Brazilian MPC tightens rates again despite sluggish growth
MPC “foresees another adjustment of the same magnitude” at next meeting
Georgia central bank orders 50bp hike
Central bank raises policy rate to 10.5% as inflation continues rising
Inflation to end year at 60%, Zimbabwe’s central bank says
Unofficial figures have annual inflation above 100%, but governor says monetary policy will keep prices in check
PBoC cuts reserve requirements
But easing measure partially offset by withdrawal of other liquidity support
BEAC raises interest rates
Central African states’ shared central bank imposes first hike in three years
Hungary central bank widens rate corridor to create ‘room for manoeuvre’
“Asymmetrical” rate corridor designed to allow central bank to tighten policy quickly
Kenya’s central bank highlights growth rebound in 2021
Inflation has fallen to 6.5% following government stabilisation efforts to stem fuel prices
Kyrgyzstan raises rates again after lull
Central bank orders 50bp hike amid double-digit inflation
Zambia raises rates for the first time since 2019
Year-on-year inflation falls but remains well above central bank’s target level
Swedish central bank announces end to net asset purchases
Sveriges Riksbank forecasts it will not raise rates until 2024, saying inflation rise is temporary
RBNZ continues tightening as inflation approaches 5%
Rising commodity and transport costs see central bank overshoot 2% inflation target
Paraguay continues tightening with second 125bp hike
Inflation rises far above 4% target, reaching 7.6% in October
State Bank of Pakistan hikes interest rate by 150 basis points
IMF reached “staff-level” agreement with Pakistan for long-awaited loan two days after the hike