Central Banking
Swiss rate band remains fixed around 2.75%
The Swiss National Bank (SNB) will keep its target range for three-month interbank borrowing costs between 2.25% and 3.25% for the coming quarter.
Sex and education affect inflation perceptions
Inflation perceptions are significantly related to consumers' socio-demographic characteristics, research published by the Bank of Italy finds.
Central bankers responsible for lower inflation
Monetary policy credibility accounts for why inflation appears generally to have become less persistent, said Janet Yellen, the president of the San Francisco Federal Reserve.
Argentina's Redrado on lessons from hyperinflation
Lower inflation is the consequence of more responsible fiscal, monetary and wage policies, which might be a result of more awareness of the costs of rampant price growth, stated Martin Redrado, the governor of the Central Bank of Argentina.
Thailand's Nijathaworn on the current turmoil
The unwinding of global imbalances, triggered by corrections in the US housing market that began in 2006, has caused the current global financial turbulence, said Bandid Nijathaworn, a deputy governor of the Bank of Thailand.
Markets rise on back of joint action
Global equity markets have surged following five of the world's most powerful central banks' announcement of their latest coordinated initiative on Tuesday.
Japan should maintain policy stance, says Noda
The Bank of Japan should continue to gradually raise rates in line with improvements to economic growth, a member of the central bank's rate-setting board has said.
BoE's Tucker gets second term on MPC
Paul Tucker, the executive director for markets at the Bank of England, is to serve a further three-year term on the Monetary Policy Committee.
Inflation on course to hit target: NBP's Skrzypek
Polish inflation is still expected to return to target in the medium term, Slawomir Skrzypek, the governor of National Bank of Poland, said.
Friedman and Taylor held similar views
The differences between the way in which Milton Friedman and John Taylor view the way the economy works are small are small, research published by the St Louis Federal Reserve notes.
Real economic impact of housing market explored
The Bank of Italy has published research looking at the US housing sector's impact on the real economy.
Japan stays firm on policy
The Bank of Japan's monetary policy stance remained unchanged in spite of an increase in the downside risks to growth, minutes of the February rate-setting meeting show.
Good times are over, says France's Noyer
Christian Noyer, the governor of the Bank of France, has warned that globalisation's impact on inflation will no longer be a positive one.
Monthly inflation falls in Brazil, yearly rate up
Brazilian inflation slowed for the second straight month in February despite interest rates remaining at an all-time low.
Central banks announce second joint effort
The Federal Reserve will accept banks' mortgage-backed securities as part of a raft of liquidity measures announced by five of the world's most powerful monetary authorities on Tuesday 11 March.
Japanese opposition vetoes Muto
The Democratic Party of Japan, the country's main opposition party, has rejected the government's nomination of Deputy-Governor Toshiro Muto to succeed Toshihiko Fukui at the helm of the Bank of Japan.
Chinese inflation hits fresh high
Inflation in China soared to a new 12-year high last month, the National Bureau of Statistics revealed on Tuesday 11 March. Prices rose by 8.7% in the year to February from 7.1% the previous month, with food costs up by 23.3%.
UK homeowners fail to benefit from Bank cuts
Cuts to the Bank of England's benchmark rate have had little impact on mortgage rates for some British consumers, data published by the Bank reveals.
UAE makes dollar loans following supply shortage
The Central Bank of the United Arab Emirates lent dollars on Monday 10 March after expectations that the authorities would revalue the dirham's peg against the greenback led to a currency shortfall. Media reports have also said that the central bank is…
Sound risk management essential: Fed's Kroszner
The current financial market turbulence underscores the importance of getting the fundamentals of sound risk management right and being ever vigilant about their consistent application, execution, and improvement in light of new data and experiences,…
Research indicates racial bias in lending
Issuers are providing less credit to consumers in Black neighbourhoods than those living in predominantly white areas with similar credit scores, research published by the Boston Federal Reserve finds.
Price stability is best aim for policy
Low and stable inflation remains the best contribution monetary policy can make to growth and macroeconomic stability, said Svein Gjedrem, the governor of the Bank of Norway.
China would prosper from currency appreciation
China would benefit from moving to a flexible exchange rate regime and allowing the People's Bank of China greater independence to control inflation, research published by the Bank of Canada indicates.
Rapid deterioration led Fed to go it alone: Kohn
The deterioration in money markets was so rapid that the Federal Reserve last Friday did not have time to coordinate a joint announcement of liquidity measures with other central banks in the same way as last December and which had such a favourable…