Inflation
Bahamian economy faces ‘elevated’ downside risks – Rolle
FX reserves more than adequate to support currency’s US dollar peg, central bank governor says
Botswana holds, while Namibia hikes to protect currency peg
Southern African neighbours diverge as inflation takes different directions
Pacific series: Solomon Islands governor on reform amid political uncertainty
Luke Forau speaks about how Article IVs could be improved in the Pacific while addressing financial inclusion, CBDCs, conflict economics and more
Fed holds rates as Warsh cuts number of meetings
Cook and Hammack push for 25bp hike as chair announces strategy-focused meetings with no policy decisions
Bank of Canada tightens policy for first time in a year
Macklem says governing council made ‘tricky’ decision to hike rather than hold
Ugandan finance minister calls for calm as shilling slides
Government official urges households to prioritise essential expenditure after currency hits historic low
RBNZ delivers surprise hold in split decision
Quarter point hike voted down by 4-3 as all board members agree tightening is likely to be needed
Inflation fears prompt Pakistan to tighten policy by 50bp
Although price growth has eased slightly, it remains well above 5–7% target range
Oil discoveries drive persistent inflation increases – BIS paper
Price effects of energy discoveries concentrated in economies with inflexible exchange-rate regimes
RBA’s Hunter indicates more tightening likely
Deputy governor says inflation fight ‘not quite’ over yet following four rate hikes this year
CBRT cuts main rate to 36%
Governor blames stalling disinflation on supply-side pressures
ECB economists expect food inflation to rebound in 2027
Energy costs and weather are set to reverse a slowdown that began in January
Philippines tightens more than expected as inflation bites
BSP expects price growth to remain high next year due to oil prices and El Niño effects
BoK delivers hawkish hold
Shin says previous hikes provided room for pause, though tightening would continue amid heightened inflation
UK inflation comes in higher than expected
Markets’ reaction muted so far, as government prepares to announce budget on October 28
BI holds following downgrade for Indonesian equities market
Central bank leaves benchmark at 5.75% in fourth consecutive rate hold
RBNZ chief economist values greater freedom to share policy views
Paul Conway also says central bank flexible about potential mandate change
Banrep paper proposes LLM-driven forecast method
Sequential design enables economists to study ‘information environment’
Lagarde sees slower pass-through after bond sell-off
Higher yields will limit knock-on effects from energy shock, ECB president tells IMF meeting
French prices half as sensitive to oil as in 2016 – BdF blog
Lower household fuel use and less oil-intensive production reduce pass-through to consumers
Big Mac price never catches up with dollar – Dallas Fed blog
Prices barely adjust to currency swings even after four years, economists find