Consumer price index (CPI)
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers in the past three months
El Salvador abolishes statistics agency
Central bank will absorb body that calculates inflation
Moldova raises rates as inflation hits 31.8%
Policy interest rate reaches new record high
Fed announces another 75bp rise
Jerome Powell says Fed’s approach to forward guidance will change
FOMC ready to tighten policy further, minutes show
Members worried about inflation becoming entrenched but see some signs of pressures easing
Bank of Israel orders biggest rate rise since 2011
Central bank continues “monetary contraction” as Israel faces fifth election since 2019
Gulf central banks raise rates after Fed hike
Qatar, UAE and Bahrain make 75bp hikes, while Kuwait raises by 25bp and Saudi 50bp
US inflation expectations inch higher
New York Fed survey finds rise in expectations at one-year horizon, but not at longer term
Reserve Bank of Australia joins 50bp club
Australian central bank continues post-pandemic tightening with second, larger hike
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March
Bank of Korea raises policy rate again
Policy-makers expect high inflation for rest of year
Small drop in US CPI hints at inflation reprieve
Economists estimate US is past inflation peak, but other G7 nations may still be on the upward leg
Polish central bank hikes rates 75bp
Inflation at highest levels for 24 years as governor faces opposition over second term
Taiwan central bank raises rates for first time since 2011
Rate increase since 2011 surprises markets as inflation is below 3%
US inflation continues ascent
CPI inflation reached new high of 7.9% in February
Argentina raises rates for first time since 2020
BCRA raises benchmark rate 200 basis points, as IMF talks continue
US inflation reaches new peak
CPI figure hits 6.8%, the highest rate in nearly four decades
How Turkey’s president created chaos in economic policy-making
Observers allege presidential domination of the central bank, unauthorised FX transactions and untrustworthy statistics
Book notes: Monetary policy in times of crisis, by Massimo Rostagno et al
A mass of intellectual effort gives rare insights into the ECB’s inner working, but fails to fully address questions about who really controls inflation
Poland raises policy rate by 75 basis points
National Bank cites high inflation, which it expects to linger through 2022
Dallas Fed predicts 2022 core inflation above 2%
Economists expect auto and transportation costs to abate, but spike in housing prices
US CPI inflation rises to 5.4%
Prices continue upward climb, but policy-makers still see pressures as temporary
US PCE inflation rises to 4.3%
Fed’s preferred rate reaches new high in August, but “trimmed” measure steady at 2%
Canada records highest inflation since 2011
House prices help drive figures up, as inflation becomes campaign issue in election season