Growth
ECB’s normalisation could spell trouble for Italy’s bond market
Rome’s budget row with Brussels escalates just as QE is about to halt
Bank of Canada resumes rate hiking
New trade deal, business confidence and household credit moderating gives green light to rate rise
PBoC moves to boost lending amid trade tensions
Efforts towards deleveraging are being put on ice as the economy slows
China’s exchange rate poses major challenge to fairer trade – US Treasury
Renminbi has fallen by 6.25% against US dollar in 2018, reserves have declined by $74 billion
Reserves preservation key in Tunisia amid growing challenges – El Abassi
Governor of Central Bank of Tunisia stresses the importance of sound policies as the currency weakens and twin deficits grow
Next policy move will likely be hawkish, RBA says
RBA leaves rates unchanged, saying there is more progress to be made
Dominican Republic leading Caribbean growth
The economy has continued to expand above its potential since January
Mexico’s Guzmán worried about protectionism
Difficult to understand why given the experience during the Great Depression, the governor said
Chinese governor stresses trade risks at IMF meeting
Yi Gang says protectionism has already damaged global business confidence
Asia outlook positive despite growing risks, IMF reports
Sound policymaking should protect Asia’s prospects for staying at the forefront of global growth, IMF says
Paraguay central bank bids farewell to Valdovinos as Sienra takes helm
Administration change prompts Valdovinos’s exit from the central bank after five years of service
BIS paper finds trade-off in forward guidance
Forward guidance may deter economic growth, authors say
Israel keeps rates unchanged to support inflation
Central bank expects price rises to be below target in the coming months
IMF cuts global growth forecasts
Likelihood of further negative shocks has risen, warns Maurice Obstfeld
Prudential regulation subject to ‘leakages’ – BIS paper
Net effect of tighter prudential regulation is positive for economic growth, paper finds
Solid US economy contributes to higher 10-year Treasury yields
Inverted yield curve less likely as long-term growth and inflation expectations rise
PBoC cuts RRR as markets plummet
Trade war fears trigger instability in Chinese markets
Nordhaus and Romer win economics Nobel
Economists specialising in long-run macroeconomic modelling win 2018 Nobel Prize
Central bank independence key to low and stable inflation – IMF
Domestic factors more important than global financial forces, researchers find
RBI holds policy rate steady despite growing imbalances
Rupee is under pressure and current account deficit widening, but inflation risks are still limited
Political instability main risk for Brazilian banks – central bank
Financial system has expanded credit without increasing risk, Central Bank of Brazil says
Dominican Republic keeps rate on hold
Inflation decreased to target in August
Andrew Motshidisi on Africa’s debt and what it means for reserve managers
The former deputy governor of Bank of Botswana and Nalm Africa chairman talks about international capital flows, and the need for countercyclical policies and robust legal frameworks to secure long-term stability
Fed raises interest rates
Inflation is running above target and the economy set for a strong third quarter