House prices
Iceland raises rates again as inflation reaches highest level since 2012
MPC accelerates current cycle as experts point to problems in housing market
House prices rising at fastest rate since global crisis – BIS stats
Advanced economies see sharpest average increase, but India records largest cumulative rise
Taiwan’s central bank to ‘follow tightening trend’ next year – governor
Central bank has maintained a record-low rate for six straight quarters
RBNZ prepares curbs on debt service
Central bank is concerned by “very high debt” and “unsustainable house prices”
Iceland hikes policy rate again
Central bank orders 50 basis-point rise amid inflationary pressures
Fed warns of China debt risks
Financial Stability Report mainly optimistic about systemic health, including housing market
PBoC suffers headaches from growth, energy and Evergrande
Yi Gang mulls property sector risks, as China’s growth hits one-year low
DNB calls on government to calm Dutch housing market
Tax reforms and greater supply needed to deal with “too much money and too few houses” – Knot
Evergrande tests China’s commitment to deleveraging
Chinese officials are having to choose between near-term growth and long-term economic health
RBNZ to tighten housing loan limits in November
“House prices remained unsustainable” despite earlier action, New Zealand governor Bascand says
RBA will not raise rates to cool housing market – Lowe
Governor says central bank is not responsible for fixing structural issues in the housing market
South Korea raises policy rate
Governor cites rising household debts and house prices as reasons to tighten policy
Fed may taper asset purchases this year, say FOMC minutes
Federal Reserve staff warn US financial system has “notable” vulnerabilities
Canada records highest inflation since 2011
House prices help drive figures up, as inflation becomes campaign issue in election season
RBNZ to tighten loan limits as house prices continue to rise
Tougher loan-to-value limits could be followed by rate floors or debt service limits
RBNZ calls halt to quantitative easing
Central bank has bought considerably less than its NZ$100 billion limit
RBNZ gains tool to curb house price rises
Government approves debt-to-income limits to address hot housing market
Multiple expectations test communications
The Reserve Bank of New Zealand’s communications are being tested, and some recent exchanges have been combative, says Mike Hannah
Financial sector still a headache for central bank modellers
Macro-financial links are difficult to integrate into key models, with progress since the global financial crisis slow. But some central banks are making breakthroughs
A return of the inflation monster?
There are fears that a shift in intellectual approach towards running economies ‘hot’ could herald a return of the money-eating inflation era
Bank of Canada voices concern over house prices
Financial regulator imposes minimum rate on new uninsured mortgages
BoE paper highlights link between mortgage limits and consumption
Authors find “new link” between down payment requirements and household consumption
Bank of Canada warns of possible housing pressures
BoC research highlights “vulnerabilities” as banks issue more high loan-to-income mortgages
RBNZ to support government housing objectives
New Zealand finance minister changes central bank’s monetary and financial policy remits