Inflation

ECB sees upturn but slower CPI decline

GERMANY - The European Central Bank on Thursday maintained its assessment that the euro zone economy was recovering but said high oil prices could lead to slightly higher inflation than predicted earlier this year.

Speech by Svein Gjedrem of Norges Bank, 20 Mar

SPEECH - "The effects of the global downturn on the activity level in Norway have been limited," Svein Gjedrem said in a speech prepared for ambassadors stationed in Norway. The speech was titled 'The inflation target and the floating krone: The…

Speech by L Heikensten, Sveriges Riksbank, 2 Apr

SPEECH - Heikensten said in a speech titled 'Growth effects of the new stabilisation policy regime' that Sweden's recent policy of pursuing low and stable inflation and steady economic policies has been important for improving the conditions for economic…

Monetary policy in a virtual economy, 27 March

FEATURE - The Reserve Bank launches a web-based monetary policy computer simulation game today whereby the player fights inflation by controlling interest rates in a virtual economy. You play the Governor of the central bank and failure to keep inflation…

Speech by Dr Wellink, Nederlandsche Bank, 12 Mar

SPEECH - In the speech titled 'The Euro, a major challenge and catalyst for Europe' Wellink said that he saw little effect on euro-zone inflation from the physical introduction of the euro and said the euro was "on the low side" historically but noted a…

Rate cut by Brazil's central bank chief

BRAZIL - Central bank governor Arminio Fraga's surprise move to cut interest rates marks a shift in strategy, and a gamble, as he weighs the need to contain inflation yet entice investors in a presidential election year.

Speech by David Dodge of Bank of Canada, 20 Feb

SPEECH - In the speech titled 'Canada's Experience with Inflation Targets and a Flexible Exchange Rate: Lessons Learned' Dodge said that both Canada and the global economy seem to have turned the corner, and believed modest growth in Canada would pick up…

Fed ready to raise rates this year - Guynn

US - The Federal Reserve may start reversing its series of 11 interest rate cuts if a stronger-than-expected recovery this year rekindles inflation concerns, says Jack Guynn, president of the Federal Reserve Bank of Atlanta.