Fiscal policy
Israeli PM offers Yaron second term as governor
Yaron’s future as governor had been in doubt after Netanyahu refused to comment on his role
Paper calls for Sarb to pass reserves to South African government
Report says central bank contingency account appreciated by nearly $8 billion
Bank of Israel warns government over war spending
Central bank says crisis will have long-term costs and casts doubt on funding plans
Crisis-stricken Israel has faith in central bank
Economists tell Central Banking the government must radically change fiscal priorities
Covid-era fiscal policy helped fuel inflation, researchers say
Robert Barro and Francesco Bianchi say their evidence supports fiscal theory of the price level
Asian bond spreads with US not widening, BIS research finds
Central banks’ actions have decoupled EME bonds from stronger dollar, researchers say
DRC says central bank needs recapitalisation
Government says BCC has no real equity as war and elections add to economic crisis
Norway and Czech Republic hold rates
Norges Bank 'likely' to make small increase in December
US fiscal stimulus decreases output in rest of world – research
A helicopter drop policy could be the most effective co-ordinated effort
Brazilian central bank cuts rate by 50bp again
Third consecutive 50bp rate cut enjoys unanimous support
Fiscal policy may complicate fight against inflation, says Macklem
Bank of Canada governor warns projected spending may ‘not be helpful’ for monetary policy
Claudio Borio on financial cycles, operating frameworks and non-bank reform
The BIS veteran highlights a ‘unique constellation’ of challenges as central banks travel the ‘last mile’ in bringing down inflation – and says there are many more miles to go on non-bank reform
Ex-governor backs candidate who wants to abolish BCRA
Guido Sandleris says ‘continuity of Kirchnerism’ would be worse for Argentina
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
Hungary continues loosening as inflation falls towards 10%
MNB cuts base rate by 75 basis points
China boosts support for economy with new debt issuance
The central government will issue one trillion yuan in bonds in the fourth quarter
Eurozone budget deficit declined in 2022
Government imbalances declined to 3.6% of GDP from 5.2% in 2021
UK researchers propose 3% inflation target and negative rates
Inflation stalls at 6.7% in September, the same figure as in August
Argentine candidate promises opposition seats on BCRA board
Massa promises to renegotiate IMF loan as country heads to the polls on October 22
Ecuador president-elect sends mixed signals on central bank raid
Noboa pledged to spend $1.5 billion, but later said this would only be in emergency
Kenya to buy back $500 million in Eurobonds
Central bank governor says country will seek ‘exceptional’ IMF funding
RBNZ continues to hold policy rate
MPC suggests the rate will stay put for some time
Ghana’s governor rejects opposition calls to resign
Addison says central bank only used monetary financing to respond to crisis
Thai PM meets governor after unexpected rate rise
BoT said new government’s spending package is an inflation risk, as currency falls