GDP
Tackling private-sector debt in the wake of the pandemic
Navigating Covid-19 debt is more of a challenge amid gathered storms of inflation and war, write Roong Mallikamas and Benjamin Weigert
Rates round-up: South Africa, Philippines and Egypt hike
Emerging markets tighten policy amid unrelenting inflation
HKMA defends currency on foreign exchange markets
First interventions since 2019 come as Hong Kong central bank props up dollar peg
Malaysian central bank makes surprise rate rise
Pre-emptive decision designed to stave off inflation
Romania meets inflation spike with rate hike
Central bank adds 75bp to policy rate as inflation passes 10% mark and economy sputters
Polish central bank hikes rates 75bp
Inflation at highest levels for 24 years as governor faces opposition over second term
BoE raises rate to 1% as recession risks mount
Inflation expected to climb above 10% and GDP growth to drop to around zero
Icelandic central bank implements largest rate hike since 2008
Despite 100bp rate hike, policy-makers signal more tightening will be needed in coming months
South Korean inflation climbs to 13-year high
Central bank concerned about record price rises
Bank of Russia continues unwinding giant rate hike
Central bank cuts rate 300 basis points to 14%, in second reduction this month
Philippines central bank announces wholesale CBDC pilot
“Project CBDCPh” will test large transactions at limited number of institutions
Paraguay raises interest rates by 50bp
Central bank makes ninth hike in a row as inflation reaches double digits
NBU restricts crypto purchases to stem capital outflows
Ukraine continues to accept bitcoin, ethereum and tether for war effort
PBoC announces policies to help pandemic-stricken economy
Package of 23 measures echoes actions taken in 2020
South Korea and Singapore tighten monetary policy
Central banks revise inflation forecasts up and GDP down
Chinese draft law sets up financial stability fund
New government committee would oversee financial stability as concerns grow
Honduran governor asks for 50% salary cut
Santos’s request comes as president calls for spending cuts amid fiscal crisis
Lifetime achievement: Stanley Fischer
Fischer has had a profound impact on monetary economics and central banking during his prolific career
Albania orders first rate hike in 11 years
Increase of 50 basis points returns policy rate to pre-Covid level
China holds loan prime rates
One-year remains at 3.7% and above five-years at 4.6%
Book notes: Shutdown, by Adam Tooze
A useful, wide-ranging overview, showing how health and economic policies are intimately intertwined with geopolitics
Hong Kong recovery expected to slow – IMF
Fund warns of risks including exposures to Chinese real estate and further supply disruption
Paraguay continues slower tightening as inflation rebounds
MPC orders second 25bp hike, after 450bp in increases in late 2021
Rwanda raises benchmark rate 50bp
MPC statement warns of expected spike in inflation in 2022