Subject: Weekly round-up of Monetary Policy articles

MONETARY POLICY WEEKLY
TOP STORY
Monetary Policy
More African nations respond to inflationary effects of Iran war
Mauritius and Rwanda raise rates, though Nigeria, Ghana and Egypt opt to hold
22 May 2026   |  Official Record
Communication
Philippines governor says off-cycle rate hike possible
Remolona says BSP may have fallen behind the curve on inflation
22 May 2026   |  News
Monetary Policy
Book notes: The art of monetary policy, by Kristin Forbes
The message that effective monetary policy-making requires judgement, flexibility and realism alongside technical expertise is both persuasive and highly relevant
22 May 2026   |  Review
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Economics
Europe’s central banks face tough policy calls – Barclays CEO
Venkatakrishnan also spoke on UK political uncertainty, Brexit and banking regs
21 May 2026   |  News
Monetary policy decisions
Iceland hikes by 25bp, citing rising expectations
Economic outlook deteriorates as energy prices rise and domestic wage pressures persist
20 May 2026   |  News
Governance
Economy resilient despite restrictive rates, says BCB governor
Galípolo also tells Senate committee that fallout from Banco Master case is ‘extremely serious’
20 May 2026   |  News
Monetary policy decisions
Indonesia surprises with 50bp hike
Bank predicts Fed tightening in 2027 as it continues to battle rupiah weakness
20 May 2026   |  News
Monetary Policy
Fed’s Paulson says current interest rate level ‘appropriate’
High inflation accompanied by widespread pessimism in US labour market, FOMC member notes
20 May 2026   |  Speech
Communication
RBA felt May hike gave it room to assess impact of Iran war
Board members believed tightening would make conditions slightly restrictive, minutes show
19 May 2026   |  Minutes
Monetary Policy
Focus on duration and not size of Fed ledger, ex-governor says
Discussion around balance sheet should go beyond shrinking nominal amount, argues Jeremy Stein
19 May 2026   |  News

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