Inflation
Banxico cuts rates by 25bp
Mexican central bank says risks are tilted to the upside
Central Bank of Brazil cuts rate by 50bp
Copom says it expects to do the same at its next meeting in May
BoE holds policy rate as MPC flags persistent inflation
Headline price rises forecast to drop below 2% within months, but wage growth remains high
Monetary policy should account for energy shocks, says study
Energy price hikes may cause spiral of higher unemployment and lower spending, paper says
FOMC holds rates again
Experts say Federal Reserve faces difficult choices despite easing inflation
PBoC keeps benchmark rates unchanged
Markets expected decision to hold one-year and five-year loan prime rates
Carstens calls for ‘greater realism’ on what policy can deliver
Monetary policy should avoid “excessive fine-tuning”, BIS chief says
PBoC holds key policy rate
Central bank holds off easing amid yuan weakness and banks’ narrowing margins
New study finds uneven impact of changing energy costs
Energy prices more likely to affect product prices than wage increases
BoJ may scrap ultra-loose policy at March meeting, reports say
Policy-makers could be mulling speedy end to yield target and negative rates
Bank of Canada holds interest rate targets
Governor expresses fear of underlying inflation becoming stuck above 2% target
ECB holds rates again, cuts inflation projections
Lagarde hints that any cut is likelier in June than April, says bank is watching wage data
Malaysian central bank holds rate
Monetary authority and government working together to encourage inflows to shore up currency
BIS research points to ‘slower disinflation ahead’
Breakdown of post-Covid surge finds services prices playing bigger role
China sets 5% growth target
Economists question whether government can achieve GDP goal, given weakness in economy
Supply shocks driving eurozone inflation, ECB study finds
Rising food and energy costs are main contributors, along with hangover effects from pandemic
‘Cost of money’ explains depressed US consumers – NBER research
Larry Summers and co-authors highlight “disconnect in inflation measurement”
Fight against inflation is not over yet – BoK research
Authors call for holistic assessment of rising prices, despite encouraging signs in major economies
New Zealand central bank holds policy rate
RBNZ says inflation risks have become “more balanced”
Fed governor says rate cuts shouldn’t be rushed
Christopher Waller argues that US economy is strongly positioned
Pandemic inflation fuelled by food and energy prices – BoJ study
Inflation in Japan and US driven by similar product market shocks, research finds
Monetary policy more effective when inflation is high – NY Fed
Study casts doubts on linear models that average out impact during periods of high and low inflation
BoE’s Dhingra says restrictive policy risks ‘scarring’ economy
MPC member warns that focusing on pay and services inflation could lead to “overtightening”
Carbon price has only ‘modest’ impact on inflation – IMF paper
Countries could use drop in energy prices to deliver on climate goals, authors say