Consumer price index (CPI)
Sweden holds while Iceland tightens
Both Nordic central banks cite lingering inflation risk, but reach different conclusions
Kazakhstan makes surprise 25bp rate cut
Analyst says central bank is trying to signal that disinflationary measures are working
Shocks greater when inflation already high – BoE study
Bank publishes latest response to Bernanke review of UK monetary policy-making
Nine out of 10 Japanese people see prices rising
BoJ survey shows around half of respondents expect economic slowdown in a year’s time
US inflation and monetary policy at ‘crossroads’ – Waller
Fed governor says FOMC must be ready to prevent repeat of post-Covid inflation
Serbia holds rates for 22nd consecutive month
Central bank says it is continuing to pursue cautious monetary policy
Romania and Poland continue to hold rates
Central banks exercise caution as inflation and geopolitical risk cloud outlook
Switzerland and Norway hold, Czech Republic and Moldova hike
SNB says inflation uptick is temporary, while CNB and Norges Bank highlight wage pressures
Riksbank holds, but keeps option to hike on the table
Updated forecast builds on assumption that oil supply will begin to normalise ‘in the near term’
RBA holds policy and says inflation is ‘too high’
Australian governor hawkish amid concerns of embedded inflation expectations
RBA felt May hike gave it room to assess impact of Iran war
Board members believed tightening would make conditions slightly restrictive, minutes show
Leading central bankers defend frameworks amid ‘polyshock’
Panellists at SNB-IMF event say policy-makers should remain cautious in face of uncertainty
Former RBA officials say budget offers no inflation relief
Economists say Australian spending plans will create modest fiscal expansion with some upside risk
PBoC expected to remain on hold following healthy PPI rise
China’s producer price inflation climbed out of long decline to 45-month high in April
European central banks opt to hold
Albania, Czech Republic, Poland, Serbia and Sweden keep rates constant
Norway and Moldova are first in Europe to hike rates on Iran war
Norges Bank cites broad inflation concerns, but Moldova points to conflict-induced energy spike
Bank of Canada holds amid surging petrol prices
Growth projections largely unchanged as long-term effects of Iran war remain unclear
Oil shock makes it harder to formulate monetary policy – Ueda
BoJ governor pledges to monitor data to ‘last minute’ before next rate decision
BoK holds as energy prices drive up inflation
Governor expects ‘considerable’ wait before supply chains return to pre-war levels
Poland and Serbia hold rates
Both central banks cite effects of Middle East conflict in explaining policy decisions
Algorithmic pricing not yet a ‘menace’ to inflation – BoE study
Dynamic and personalised pricing may upend CPI measurements and expectations, research says