Monetary policy
Mauritius hikes by 25bp as inflation climbs above target
MPC hopes acting now will help prevent need for larger increase down the line
Government officials told BoJ that economy was at ‘crossroads’
October minutes show board members called for faster tightening at meeting that resulted in hold
Zero rates and QE made bank depositors flightier – research
Asset purchases did not play out as theory envisioned, NBER paper finds
SNB could reintroduce negative rates – Schlegel
Bank sets higher bar for going below zero, but chair says it will act if price stability is at risk
Canada’s Tiff Macklem on the US trade dispute, AI and framework renewal
Bank of Canada’s governor speaks about declining economic resilience, the need for decisions despite policy dilemmas, Canada’s new interconnected, sector-focused structural model, lessons from QE, and more
Czech Republic raises rates in split vote
Governor says decision, reached by 4–3 majority, is ‘fine-tuning’ to curb inflation expectations
Bank of England makes first rate hike since 2023
MPC votes shift from 3–6 to 8–1 in favour of 25bp increase to 4%
Non-banks and rising debt threaten independence – Schnabel
Forward guidance was ‘too Odyssean’ during pandemic, says outgoing ECB board member
Brazil ends easing cycle following Lula’s election win
Resistance to addressing imbalances could risk ‘perennial debate’ on fiscal dominance, says economist
Riksbank delivers first rate hike in three years
Central bank cites rising costs stemming from conflict-driven supply disruptions
Central banks ‘lagging behind’ on tech development – Carstens
Former BIS chief urges monetary authorities to consider their role in agentic AI future
Most central banks have raised dollar shares – study
Geopolitics drove institutions to buy gold, rather than move away from greenback, paper argues
ECB says no options ‘off the table’ on green dual rates
French parliamentary report claims cheaper lending for transition projects needs no treaty change
Colombia holds rates and shores up reserves by $2bn
Central bank says move to purchase dollars from government ensures it can weather potential shocks
The Fed shares trading scandals, five years on
Could revised rules serve as template for other central banks?
China sets overnight rate as benchmark in de facto easing
Analysts see greater transparency but expect lower rate to have limited impact on lending
Ex-Richmond Fed official calls for greater FOMC transparency
Fed should publish Tealbook and meeting transcripts sooner to increase accountability, says Hetzel
Bahamian economy faces ‘elevated’ downside risks – Rolle
FX reserves more than adequate to support currency’s US dollar peg, central bank governor says
BoJ says 2% inflation target has been met as it holds policy
Pause comes as central bank speeds up timeframe for ETF selloff from 112 years to 43
ECB holds rates as it waits for ‘additional information’
Lagarde says her need to speak out on wider issues was key reason for her announced departure
Botswana holds, while Namibia hikes to protect currency peg
Southern African neighbours diverge as inflation takes different directions