Inflation targeting
Canada taking “hard look” at price-level target
Bank of Canada’s Paul Jenkins says central bank undertaking “considerable study” on pros and cons of price-level targeting
Flexible targeting still best practice: Riksbank’s Svensson
Lars Svensson, Deputy Governor of Sweden’s Riksbank, says impact of finance on monetary transmission mechanism must be better understood
Bank to hold seminar to clarify QE
Bank of England invites economists and the press next week to mark six months since the start of bond purchases, denies “crisis” meeting
Fed economist says 2% too low for inflation
San Francisco Federal Reserve’s John Williams says 2% inflation “insufficiently high” to protect economy
Riksbank's Svensson calls for better forecasting
Riksbank’s Lars Svensson reviews the development of the Riksbank’s transparency and communication since its independence in 1999
Crisis set to change inflation targeting: CentralBanking.com subscribers
CentralBanking.com snapshot shows most think inflation targeting will change. Almost a third believe crisis marks end of framework
Fischer heralds shift to “flexible” inflation targeting
Bank of Israel’s Stanley Fischer tells Jackson Hole audience that inflation targeting will survive the crisis. More downbeat on global imbalances
Canada’s Carney backs price-level target
Bank of Canada’s Mark Carney says maintaining economic stability may require rethink on monetary policy
Modellers should care what the weatherman says
Norges Bank says macro modellers should seek inspiration from weather forecasters
Many ways lead to inflation targeting
International Monetary Fund compares country experiences with the introduction and implementation of inflation targeting
The real exit problem at the Federal Reserve (and ECB and BoE)
Central bankers must abandon their focus on targeting inflation in the medium term if we are to really consign the crisis to history
Key questions for Marcus
Gill Marcus, governor-designate of the South African Reserve Bank, will have her work cut out in maintaining the central bank’s hard-won credibility
End of the golden age of central banking?
Think tank says central banks face a new era of challenges
MPC’s Posen queries symmetry of inflation targets
Newest member of Bank of England’s Monetary Policy Committee cites dangers in undershooting target and questions “mechanistic” monetarist view on quantitative easing
BIS's Cecchetti moots longer time horizon for monetary policy
Central banks may need to stretch their time horizons for inflation targeting to successfully combat financial instability, says Bank for International Settlements’ Stephen Cecchetti
Ian Macfarlane – a proud record
The former governor of the Reserve Bank of Australia recalls his decade in charge which cemented inflation targeting
Ortiz on governance, risk and Mexico's progress
The Bank of Mexico governor and BIS chairman discusses central bank governance, monitoring systemic risk and why Mexico has managed to avoid a financial meltdown despite being hard hit by the crisis
Inflation targeting: lessons from the crisis
Spencer Dale, the chief economist at the Bank of England, has said inflation targeting should remain a mainstay of macroeconomic policymaking in Britain.
Inflation-targeting central banks communicate more
Central banks operating under inflation-targeting frameworks tend to provide more information than entities operating under other frameworks, a new paper from the Bank for International Settlements reveals.
Price-level targeting better than IT
Moving to price-level targeting from inflation targeting is welfare enhancing when imperfect credibility is short-lived, a new paper from the Bank of Canada posits.
Bank of Canada - Spring Review
The Spring issue of the Bank of Canada Review considers changes to the country's inflation-targeting framework.
Bank Negara comes of age
Governors from five continents joined Bank Negara Malaysia in February to commemorate its 50th birthday. Claire Jones reports
Interview: Zdeneˇk Tu°ma
Martina Horáková speaks to the Czech governor about the crisis, calls for cross-border supervision and the process for adopting the euro
Ex-BoE deputy heralds decline of independent era
The collective failure of monetary authorities and governments to avert the current crisis will negate central banks' independence, Sir John Gieve, a former deputy governor at the Bank of England has said.