Expectations
‘Refresh’ continues as RBNZ appoints new board chair
Acting chair Rodger Finlay steps into position permanently ahead of new governor taking office
Advancing sustainability post-COP29
The Central Bank of Azerbaijan is striving to assist the domestic and international transition to a greener economy, writes its governor, Taleh Kazimov
Experts see Japan’s PM having limited impact on BoJ independence
Takaichi’s hints on policy direction have precedent in Abenomics, former bank officials say
€25K handouts would not affect labour market – ECB paper
Stimulus packages are effective in raising consumption, researchers argue
How central banks are navigating digital transformation
Four key takeaways from a discussion with Nasdaq and industry experts.
Bailey switches sides as BoE holds at 4% in 5–4 decision
Members’ views, published for first time, show disagreement around staff’s central projection
Poland cuts rates, while Albania and Sweden hold
Riksbank warns of US stock market bubble
Rethinking policy transmission in the age of AI
Managing machine expectations related to faster, more non-linear and potentially asymmetric price dynamics will require analytical innovation and potentially new forms of oversight, argues Elisa Vilorio de Painter
ECB and BoJ officials reject explicit forward guidance
Central bankers promote ‘meeting-by-meeting’ approach to rates setting
Venetian lessons for today’s central bankers
Loose money and lost credibility in 17th century city state provide a cautionary tale about the importance of international investor confidence, argues Biagio Bossone
US inflation expectations at risk of de-anchoring – Boston Fed study
Authors say post-Covid spike has altered perceptions of future price stability
The voice of the central bank in times of uncertainty
The NBU’s monetary policy head Volodymyr Lepushynskyi explains the importance of transparent communications in maintaining trust and managing expectations
Rising temperatures raise inflation expectations – ECB paper
Global warming also leads to greater pessimism about growth, research finds
Central banks must focus on comms – Bank of Finland panel
Institutions need to concentrate on anchoring inflation expectations, governors say
Australia leaves policy rate unchanged, as expected
Governor says policy a little restrictive, while RBA notes slightly higher-than-forecast inflation data
Central Europe’s central banks hold rates
Switzerland, Czech Republic and Hungary keep policy steady
Eurozone consumers shifted habits after tariffs – ECB survey
More financially literate citizens stopped buying US goods, consumer expectations survey shows
Sarb pauses easing cycle as inflation ticks up
Bank cautiously optimistic about growth, but wary of expectations becoming unanchored
BI makes third surprise cut as lawmakers mull its mandate
Bank says 25bp easing aimed at promoting growth, pledges further monetary-fiscal policy alignment
US consumers’ expectations of finding work hit new low – study
Mean perceived probability of a newly unemployed person finding a job fell to 44.9%
No ‘race to the bottom’ if Fed is forced to cut – Schnabel
ECB board member says politicised US central bank would be “very disruptive”