Inflation
Icelandic governor issues call to moderate wage demands
Central bank chief says country’s persistently high inflation can only be tackled through collective effort
The role of high-denomination banknotes
High-value notes are an important store of value and remain in demand during crises
Poland and Serbia hold rates
Both central banks cite effects of Middle East conflict in explaining policy decisions
Kenya ends easing cycle with rates hold
Central bank adopts wait-and-see approach amid uncertainty over Iran conflict
Olli Rehn on demographics, geopolitics and ECB policy
The Bank of Finland governor speaks about immigration and productivity, private credit and stablecoin risks, the mood on the governing council and the impact of conflict in the Middle East
Governor says RBNZ will tighten policy if inflation rises
Central bank holds and offers ‘uncertain’ estimate of inflation being well above target
BoT likely to hike rates if others do, says assistant governor
Don Nakornthab says Thailand’s low inflation means tightening would also come later than elsewhere
RBI holds rates amid uncertainty over Middle East conflict
Bank acknowledges risks to inflation and growth, but says India is well placed to withstand shocks
Algorithmic pricing not yet a ‘menace’ to inflation – BoE study
Dynamic and personalised pricing may upend CPI measurements and expectations, research says
The evolution of central banks
Bank Negara Malaysia governor Abdul Rasheed Ghaffour writes that the roles and responsibilities of central banks are evolving in a changing landscape
Central banks face ‘double whammy’ from Iran war
Policy-makers will have to tackle impact of higher inflation and greater fiscal stimulus
BoE: public debt, private credit and AI are main stability risks
FPC meeting minutes emphasise Iran war’s negative impact on growth, inflation and financing conditions
Current threats to central bank independence
Improved communications, advocacy for tech oversight and international co-operation will help to address challenges posed by populism, excessive debt and new forms of money, write Gavin Bingham, Paul Fisher and Andrew Large
Colombia’s rate hike prompts government backlash
Finance minister Germán Ávila exits Banrep board in protest at 100 basis point tightening
Sabine Mauderer on the past, present and future of the NGFS
Bundesbank official discusses green policy, the Fed, data blind spots and future prospects
Use AI for ‘deeper insights’, not to make decisions – CBBH head
Selimović also discusses payments and reserves at Central Banking’s Kuala Lumpur meetings
Powell: We do not see systemic risks from private credit
Fed chair speaks on independence, financial stability and more at Harvard
Supply-side shock stuns central banks
The partial closure of the Strait of Hormuz raises fresh challenges for central bank policy-makers
Israel holds rates, citing war’s impact on growth and prices
Central bank says economic activity has declined and inflation risks are biased to the upside
RBI battles to shore up rupee as currency hits all-time lows
Central bank deploys directive against lenders after FX reserves fall below $700bn
Norges Bank holds and signals future rate hikes
Job of tackling inflation ‘has not been fully completed’, says governor