Growth
Turkish central bank tightens monetary policy by the back door
Central bank tries to prevent currency falling amid political pressure not to raise policy rates
Finding the right partners with the right solutions
Over the past decade, the financial crisis, globalisation and technological changes have driven uncertainty and brought about drastic changes for central banks. Vermeg‘s Yamen Bousrih explores the importance of having a consolidated, coherent and…
Haldane outlines vision of locally-modelled economies
BoE chief economist backs Raghuram Rajan’s idea of a revival of communities
RBNZ cuts rates to new low on ‘subdued’ outlook
Central bank opts to cut the policy rate despite being broadly on target, citing “headwinds”
The BoE’s education outreach programme
The Bank of England launched econoME last year to bring a practical understanding of economics to the classroom. Its aim is to make policy-making more effective in the future. It plans to extend its offering to schools by designing materials for younger…
US macroeconomic data backs up Fed’s ‘patient’ approach
Lower core inflation is expected to only be temporary, Powell says
BoE says Brexit is creating economy of two halves
Policy-makers strike hawkish note, but Carney says households and businesses are divided
Poloz tells lawmakers carbon tax is likely inflationary
The politically controversial policy could have a mixed impact on growth, the governor says
Macao weighs launch of yuan-denominated securities market
City aims to become yuan-clearing centre for Portuguese-speaking nations
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Bay Area Development
Located at the start of the Maritime Silk Road, the Guangdong–Hong Kong–Macau Greater Bay Area seeks to harness advanced technology and green finance to catch up with the economically advanced bay areas of New York, San Francisco and Tokyo.
Sluggish investment was key factor in weak post-crisis recovery – IMF research
Output losses affected countries regardless of whether they had suffered a banking crisis
Reserve managers flag US-China trade war as main risk in 2019
Fed’s looser policy, ESG adoption and growing asset diversification are shaping the sector
Ukraine embarks on easing cycle
Falling inflation allows National Bank of Ukraine to launch first rate cut in new easing cycle; forecasts depend on implementing IMF reforms
Canada’s Poloz says policy-makers ‘preoccupied’ with growth slowdown
Central bank expects weakness to be temporary, but cuts more hawkish wording
The IFF China Report 2019: Financial deepening, fintech development and green financing
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
Fintech and the future – Improving financial literacy
Li Dongrong, president of the National Internet Finance Association of China and former deputy governor of the People’s Bank of China, explains how financial technology can aid sustainable growth, transform the structure of financial markets and promote…
Equity market uncertainty can reduce real GDP – researcher
Equity market volatility in Q4 2018 could reduce the policy rate path by 50bp, says researcher
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The Belt and Road Initiative 2019 Survey – A new driver for globalisation?
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…
China’s Q1 GDP beats expectations on surging industrial production
But the recovery may not prove durable, economists warn
Kazakhstan cuts interest rates under pressure from president
Cut to 9% comes just days after president ordered change
China’s new loans rebound as PBoC focuses on growth
PBoC maintains focus on growth but possibility of reserve ratio cut in April has eased
Pause in normalisation could be bad news for EMEs – Mexico’s Guzmán
A pause may create a “more complex and uncertain external setting” for EMEs, he says