Inflation
Erdoğan takes control of Turkey’s SWF
Fund was created in 2016 and holds assets of key national companies
Protectionism main source of uncertainty for global economy – Draghi
ECB keeps rates unchanged and reaffirms QE programme will end in December 2018
Lira rallies as CBRT hikes main rate
Currency stages modest recovery, as central bank follows through on promised action
BCRA keeps policy rate on hold at 60%
Inflation likely to rise more in the months ahead before improving, committee says
Juan José Echavarría on Colombia’s path to sounder monetary and economic policy
The governor of the Central Bank of Colombia talks about policy efforts to promote stability, the importance of independent institutions and the implications of Venezuela’s economic collapse
Zimbabwe may axe bond note scheme – finance minister
Incoming finance minister says priority will be currency reform
Competition offsets higher costs and demand in Sweden
Somewhat weak inflation keeps rate-setters from increasing interest rates despite stronger growth
New Zealand to open next phase of RBNZ act review
Labour government to review case for separating prudential supervision from the central bank
T&T paper gauges exchange rate effects on import-reliant economies
Exchange rate pass-through to inflation is particularly relevant to economies that are heavily reliant on imported goods, authors say
Odds increasing for rate hike at September FOMC meeting
US economy is strong enough to merit a further rate increase, Richmond Fed president says
Long-termism is necessary for a stable future – RBNZ’s Orr
Contemporary societies face challenges demanding focus on sustainable development, says governor
Protectionism won’t divert Bank of Canada’s inflation focus – Wilkins
Rate-setters think gradual normalisation is still appropriate, higher rates necessary to achieve target
Riksbank says it will increase rates in December or February
Two board members call for earlier rate hike
RBA governor welcomes housing market slowdown
Lowe says slower credit growth is “positive”, as wider economy heats up
Carney warns no-deal Brexit would squeeze real income
Governor informs Treasury Committee of household “real income squeeze” in the event of a no-deal Brexit; Mervyn King calls government’s Brexit preparations “incompetent”
IMF points to greater price pressures in Tunisia
The fund and national authorities agree on policies to complete fourth review of support programme
St Louis Fed’s Bullard thinks Fed should hold
Flatter yield curve and moderate inflation in US suggest monetary policy shouldn’t be tighter, president says
Colombian governor sceptical about Venezuelan petro
Juan José Echavarría reflects on collapse of neighbouring economy in interview with Central Banking
Inattention helps explain flat Phillips curve – Fed paper
Inflation may be less sensitive to shocks because people are not paying attention, authors say
BIS paper weighs economic impact of macro-prudential policy
Cutting the LTV ratio leads to reduced output in emerging markets, authors find
Argentina’s exposure to capital flows limits central bank actions
Peso seen as likely to remain under pressure despite forex interventions and sharp tightening
CBRT vows action at next policy meeting
Turkish central bank has already raised effective interest rates without changing the policy rate
‘Stochastic lower bound’ impacts inflation – BoE paper
Assuming the lower bound is fixed might be unrealistic, authors say
Argentina hikes to 60% as peso drops further
Monetary policy committee holds emergency meeting amid fresh trouble for the currency