Growth
Riksbank’s rate-setters disagree on future rate moves – minutes
Some executive board members stress trade tensions, while others point to local economic strength
South African president reappoints Sarb governor
Ramaphosa gives second term to Kganyago, who has defended central bank’s independence
Malaysian central bank holds rates
Policy stance remains accommodative as central bank forecasts rising inflation
Trade tensions set to harm long-term US growth – IMF paper
Output would decline even if China voluntarily limits its exports to the US
Nigerian central bank pushes for increased lending
Banks must lend money or face higher cash reserve requirements
Loose financial conditions predict output gap – NY Fed paper
Policy-makers can make significant welfare gains by greater focus on financial conditions – researchers
‘O-SII’ limits decreased risky lending – ECB paper
Lending to risky borrowers fell without lasting impact on growth rates, researchers say
Riksbank shies away from global easing cycle
Swedish central bank maintains rate hike plans despite accommodative policy shift in Europe, US, Australia
RBA’s Lowe: global uncertainty clouding Australian outlook
Governor of RBA emphasises positives, but says global factors complicating prospects
Lagarde reiterates call for greater international co-ordination
“We need a trading system fit for today’s world,” IMF chief says after G20 summit
Bank of Mexico holds rates amid growth fears
“High degree” of uncertainty over inflation as trade tensions with US persist
Iceland cuts rates on weaker growth forecasts
A reduction in key tourism sector may be worse than previously thought
RBNZ keeps rates unchanged but signals future cuts
New Zealand central bank thinks lower rates may be needed due to weak global and local growth
Could the Fed cut short its balance sheet plans?
Fed watchers weigh in on possible balance sheet moves in July meeting
Nigerian governor unveils five-year plan
Emefiele makes ambitious growth promises and pledges better payments system and credit supply
Costa Rican central bank cuts rates for third time since March
Government supports efforts to stimulate credit by ‘cleaning’ credit records of 60,000 Costa Ricans
Norges Bank hikes rates again, citing stronger growth
Governor says further rate rises likely this year as growth and inflation beat forecasts
Euro internationalisation pushes ECB to rethink policy approach
Wider euro use forces policy-makers to consider ever more global factors in monetary policy analysis
Putting modern monetary theory to the test
Sayuri Shirai asks whether MMT might hold the solution to Japan’s stagnation
Barbados central bank hopeful for international business rebound
Sector suffered after sanctions imposed due to country’s low tax rates
‘Uncertainty shocks’ can do long-term harm – BoE paper
Authors outline a general equilibrium model to show uncertainty can have long-run effects
Chile’s central bank surprises markets with ‘out of the blue’ rate cut
Lower growth and weak commodity prices push board to cut rates by 50 basis points
Free trade agreement to boost growth in Africa – IMF research
Smaller economies are more likely to benefit from more open trade conditions in the continent
Mexican currency under pressure over ratings downgrades
Fate of the sovereign is increasingly linked to struggling oil company Pemex