GDP
Bank of Korea holds rates and raises inflation forecasts
Governor says interest rates could stay high for more than six months
Heatwave cost Texas 1% of GDP in 2023, says Dallas Fed research
Higher temperatures have significant effects on productivity, but less on jobs, paper finds
Sarb governor confirms Treasury may draw on reserves to service debt
South African authorities considering use of $25 billion to address ‘expensive’ repayments
Albania, Armenia and North Macedonia make policy decisions
North Macedonia pauses tightening as Albania’s continues, while Armenia faces 0% inflation
Moldova cuts rates steeply while Romania holds
IMF says Moldovan central bank has largely neutralised second-round effects
Crisis-stricken Israel has faith in central bank
Economists tell Central Banking the government must radically change fiscal priorities
Peru continues gradually cutting policy rates
Inflation falling slowly towards target while 2024 promises low growth
Bank of England holds rates in second split decision
UK faces two years of above-target inflation and near-zero growth, forecasts the BoE
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
Costa Rica and Paraguay whittle away at rates
Both countries make 25bp cuts as inflation falls
Chile continues lowering rates, despite weakening peso
Central bank also halts reserves accumulation, citing market turmoil
Remittances to Mexico reach record high, says Dallas Fed
Researchers say strong US construction sector fuels funds transfers
Bank of Canada holds policy rate again at 5%
Central bank suggesting rates will stay high as inflation remains strong
Philippine central bank delivers off-cycle rate hike
Governor Remolona said high inflation expectations were ‘very worrisome’
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
Bank of Israel holds rate as Gaza conflict continues
Central bank stresses Israeli economy remains stable, but predicts increased deficits
Public trust: the role of the private sector in exploring digital currency
Digital currencies that effectively protect financial privacy in lawful transactions will garner enduring confidence in the highly integrated networks of the future, argue J Christopher Giancarlo and Daniel Gorfine
Bank of Korea continues rate pause
Central bank cites ‘uncertainties’ in deciding to hold
Chile central bank acknowledges ‘very important depreciation’
Issue will feature at next week’s monetary policy meeting
Bank Indonesia resumes tightening to stabilise currency
Central bank to issue FX-denominated notes to attract capital inflows
Peru and Uruguay cut rates again
Peru’s central bank says growth forecasts are gloomy, but Uruguay hints at end to cuts
Fed leaders split on whether further rate rise is needed
Leaders agree a soft landing is possible but not certain
Colombian and Caribbean central banks hold rates
Colombian board ignores government’s call for cut, while Jamaica and Dominican Republic also hold