Consumer price index (CPI)
Warsh declines to outline Fed’s reaction function
Chair tells Jackson Hole that ‘humble, never naïve’ approach will work and assesses US economy
Weather shocks impact the economy unevenly, study says
Central banks overlook the broader economic fallout of cold spells
Federal Reserve holds rates with three members dissenting
Hammack, Kashkari and Logan push for 25bp rise in what FOMC chair says was a collegial ‘family fight’
Implications of the 2026 Middle East war
Gavin Bingham, Paul Fisher and Andrew Large detail the monetary policy, financial stability and international co-operation challenges for central banks
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