Deflation
Canada's Carney: controlling inflation fundamental
Controlling inflation is the best contribution that monetary policy can make to the economic and financial welfare of Canada, said Mark Carney, the governor of the country's central bank.
Eurozone, Japanese inflation sink
Eurozone annual inflation fell to its lowest level since 1999 in January as data revealed price growth in Japan came to a near standstill in 2008.
ECB officials signal reluctance to cut to zero
Two senior officials at the European Central Bank (ECB) have indicated that the Frankfurt-based institution remains reluctant to follow the Federal Reserve's lead in cutting rates to near zero.
BoJ sees falling prices, will buy corporate bonds
Prices will fall in the world's second-largest economy in 2009 and 2010, senior officials at the Bank of Japan predict. The central bank also announced it would buy corporate bonds and begin purchases of commercial paper later this month.
Canada sees rates hit all-time low
The Bank of Canada cut its key rate to 1%, the lowest level in the central bank's 75-year history, on Tuesday and said that headline inflation would fall below zero later this year. However, the move was not enough to satisfy some in the markets who were…
Bernanke signals shift to quantitative easing
Ben Bernanke, the chairman of the Federal Reserve, has hinted that the central bank will turn increasingly to its armoury of quantitative easing tools with its stock of rate cuts almost spent.
ECB's Bini Smaghi: don't use the d-word
The term deflation is often misused as a catch-all phrase to describe every kind of negative development, said Lorenzo Bini Smaghi, a member of the European Central Bank's executive board.
Japan's CPI understated deflation - NBER paper
Japan's deflation would have more than twice as severe as official statistics suggested if the country adopted American methodologies which correct for substitution biases and quality upgrading, this NBER working paper finds.
Japanese rates on hold
The Bank of Japan's Monetary Policy Committee decided on 15 June, by a unanimous vote, to leave interest rates at 0.5%.
Azerbaijan's inflation "likely to slow"
Elman Rustamov, the National Bank of Azerbaijan's board chair, told a press conference Friday 11 May that inflation is likely to slow from its current 16% annual rate.
BoJ's Fukui says low rates for too long will hurt
Bank of Japan governor Toshihiko Fukui told a seminar in Tokyo Thursday 10 May that interest rates need to rise gradually despite Japanese prices responding slowly to strong global demand.
Could Japan see a return to deflation?
After Japan's battle to emerge from deflation, this article from Bloomberg, published Monday 30 April, wonders if the country may be about to return to it.
Japan's Fukui reiterates that deflation is easing
Bank of Japan governor Toshihiko Fukui told a quarterly meeting of BoJ branch managers Thursday 19 April that the Japanese economy is expanding moderately and deflationary pressure is easing.
Japan's Omi says land prices don't indicate bubble
Japan's rising land prices reflect the country's economic recovery and don't indicate an asset bubble, finance minister Koji Omi said Friday 23 March.
OECD's Cotis says US recession unlikely
OECD chief economist Jean-Philippe Cotis said Tuesday 13 March he does not expect a recession in the US.
Takenaka says BOJ rate hike came too early
Japan's former economic and fiscal policy minister Heizo Takenaka has criticised the Bank of Japan in an interview published Friday 9 March for increasing interest rates in February despite continued deflation.
BoJ's Fukui says risks to sustained growth remain
Bank of Japan governor Toshihiko Fukui said Wednesday 14 February he remains cautious about the outlook for sustained growth of the Japanese economy because it is still exposed to various risks.
'Slim' chance of return to deflation says Fukui
Bank of Japan governor Toshihiko Fukui told parliament on Friday that the risks of a return to deflation were low for the world's second largest economy.
The Bank of Japan's big mistake
According to this article by Stephen Roach, published on Friday 26 January by Money Week, the Bank of Japan has dealt a stunning blow to central bank independence.
Economy minister calls on BoJ to hold rates steady
Japan's economic and fiscal policy minister Hiroko Ota on Monday 15 January called for the Bank of Japan to hold interest rates unchanged ahead of its meeting this week.
Japan can declare deflation over says Omi
Japan's Finance Minister Koji Omi said Tuesday 3 October that the country can declare that its battle with more than seven years of falling prices is over.
Japan's inflation lower than expected
Japanese core CPI for July showed a smaller than expected rise in inflation of 0.2% year on year.
Japan's Abe sees end of deflation in view
Japan's chief government spokesman said Thursday 10 August the end of deflation is "within sight," but did not declare it over in the world's second largest economy.
IMF's Rato says Japan's deflation almost over
International Monetary Fund Managing Director Rodrigo de Rato said Thursday 3 August that "deflation has, by most measures, ended" in Japan.