Growth
Unemployment forecast by minority of emerging market economy nations
Data highlights differences based on local economic circumstances
Currency Benchmarks 2021 report – executive summary
Perspectives on staffing, circulation, forecasting, note security and composition, outsourcing and more
PBoC cuts reserve requirements
But easing measure partially offset by withdrawal of other liquidity support
Covid-19 causes bigger growth forecast errors
But central banks perform better at forecasting inflation
How Turkey’s president created chaos in economic policy-making
Observers allege presidential domination of the central bank, unauthorised FX transactions and untrustworthy statistics
Kenya’s central bank highlights growth rebound in 2021
Inflation has fallen to 6.5% following government stabilisation efforts to stem fuel prices
Zambia raises rates for the first time since 2019
Year-on-year inflation falls but remains well above central bank’s target level
Taiwan’s central bank to ‘follow tightening trend’ next year – governor
Central bank has maintained a record-low rate for six straight quarters
Paraguay continues tightening with second 125bp hike
Inflation rises far above 4% target, reaching 7.6% in October
PBoC hints at tilt to easier policy as growth slows
Third-quarter monetary policy report tweaked phrases, downplaying opposition to easy policy
State Bank of Pakistan hikes interest rate by 150 basis points
IMF reached “staff-level” agreement with Pakistan for long-awaited loan two days after the hike
Final frontier? Japan after the Kuroda experiment
The Bank of Japan has pushed monetary easing close to its limit, yet inflation is barely above zero. What happens now?
OECD’s total GDP surpasses pre-pandemic level
Organisation says many countries’ GDP still lags behind, and growth is now slowing
Vietnam’s central bank warns of high inflation risk in 2022
Governor Nguyen Thi Hong admits bad debts have increased, as banks struggle with impact of Covid
BoJ projects inflation will climb to 1% by mid-2022
Haruhiko Kuroda says BoJ must continue “powerful” monetary easing with QQE and yield curve control
Bank of Mexico proceeds with gradual tightening process
Central bank increases interest rate by 25 basis points to 5% on higher inflation
Lane makes case that inflation surge is transitory
ECB chief economist stresses weak mid-term inflation dynamics in the eurozone
German tabloids ramp up personal attacks on Lagarde
ECB board member Isabel Schnabel says “inciting hatred” is “unacceptable”
BoE surprises with rate hold as inflation forecasts reach 5%
Market-implied path for interest rates rises to 1% by end-2022
Fed pulls trigger on taper
Fed begins phasing out QE at initial rate of $15 billion per month
Bank of Canada ends QE
Inflation proving “stronger and more persistent than expected”
BSP governor sides with ‘team transitory’ as inflation stays high
Philippine inflation averaged 4.5% during the first nine months this year, well above target
PBoC suffers headaches from growth, energy and Evergrande
Yi Gang mulls property sector risks, as China’s growth hits one-year low
Permanent or transitory? Officials wrestle with inflation uncertainty
Bailey warns of possible damage to credibility, but Carstens urges caution amid high uncertainty