Inflation targeting
Bernanke argues for ‘time-limited price targeting’ policy framework
Committing to make up inflation shortfalls in past year would avoid overshooting, paper finds
Bank of Israel confirms looser stance
After first rate hike since 2011 in November, the central bank reaffirms accommodative approach
Monetary policy frameworks need modifying, former Fed governor says
Lower r* requires two key modifications to flexible inflation-targeting regimes, Frederic Mishkin says
Bank of Jamaica increases efforts to stimulate inflation
Central bank cuts policy rates and reserve requirements to spur credit growth
RBNZ adopts new dual policy target
New Zealand’s central bank will now have maximum employment target alongside inflation goal
Jamaica’s Wynter says forex volatility is nothing to worry about
Central bank uses social media to calm markets after forex intervention
Inflation set to decline in Argentina this year – central bank survey
Market analysts expect year-on-year inflation to fall to 28.5% from 47.6% in December 2018
Economics in central banking: Greg Kaplan, Benjamin Moll and Gianluca Violante
Authors’ paper, ‘Monetary policy according to Hank’, boosts the realism of core economic models, delivering important insights into inequality and the transmission of monetary policy
Argentina resumes forex interventions as peso rises
Central bank bought dollars in January to depreciate peso and keep it within non-intervention zone
CBSL resorts to monetary financing amid wait for IMF talks
Central bank promises loan to government will be unwound in the first quarter of 2019; IMF talks scheduled for mid-February
Central Bank of Brazil looks back at its 54-year history
Governor Ilan Goldfajn reflects on how central bank has fostered economic stability
NY Fed’s Williams advocates change to inflation-targeting framework
But Don Kohn prefers to keep status quo with some supplementary policies
Coomaraswamy sees hope for IMF programme as political crisis fades
Sri Lankan Prime Minister reinstated, paving the way for economic reforms; central bank close to adopting flexible inflation target
Icelandic central bank questions reform proposals
Publishing rate paths may not work as intended, external MPC members warn
Bank of Thailand increases rates for first time since 2011
Monetary policy committee lifts main policy rate by 25 basis points to 1.75%
Argentina removes interest rate floor
Peso stabilised since central bank introduced floating forex regime in September
Riksbank’s Jansson says he favours higher inflation target
Swedish deputy governor reflects on monetary policy options to deal with next crisis
Janet Yellen backs form of price-level targeting for Fed
Former chair says current system risks downward spiral of long-term rates
RBNZ and Fed ran similar policies despite different mandates, paper finds
New Zealand’s inflation target led to similar policies as Fed’s dual mandate, researchers find
Bank of Canada to weigh up alternatives to inflation targeting
Central bank will hold “full horse race” between nominal GDP targeting and other alternatives, Wilkins says
Fed to review monetary policy framework
Reassessment of the framework has been long sought-after among some Fed officials
IMF concerned over Iceland’s inflation metrics
Inflation excluding housing near 60-year low for 2017, IMF reports
RBNZ makes major changes to leadership structure
Central bank to be headed by a senior leadership team
Can central bank revamp help Tunisia remain a ‘public good’?
Central Bank of Tunisia moves to modernise, but faces tough times ahead