Inflation
James Bullard on 2% rates, tariffs and Fed leadership
The president of the Federal Reserve Bank of St Louis speaks about the impact of US trade policies, the disruption to the banking industry from Silicon Valley, shrinking the Fed balance sheet and the potential for agent-based modelling
Uganda keeps rates on hold despite rising core inflation
Policy necessary to ensure “sustainable growth”, governor says
Rupee falls to record low as instability hits emerging markets
Indian currency falls to 70 against the US dollar for the first time
US expansion set to continue in H2 2018 – Dallas Fed
US enjoys strong consumer spending, a healthy labour market and inflation on target
Weak inflation keeps rates at record low in Israel
Bureau of statistics revised economic forecasts upwards in the face of solid growth
Trump and Erdoğan: cut from the same populist cloth
Barry Eichengreen compares the respective strongmen of the US and Turkey, as the latter country spirals towards crisis
Turkish lira down 22% as crisis builds
Lira collapses and bond yields soar as Donald Trump unveils fresh sanctions
RBA trims inflation projections on low wage growth
Weaker outlook leads RBA to cut CPI forecasts to 1.75% in December 2018 from 2.25%
Trade uncertainty keeps Bank of Mexico on hold
Central bank leaves interest rates at 7.75%; revises up inflation expectations
Philippines central bank makes biggest hike of 2018
Central bank raises interest rates by 50bp on the back of mounting inflation pressures
Eurozone mortgage lending back to pre-crisis levels – ECB
New loans reached 4.5% of GDP in the year to March 2018; average since 2001 is 4.4%
Strong US economy reduces risks from normalisation – Barkin
Richmond Fed president points out consumers are increasingly concerned about tariffs
No rate hike likely until 2020, says RBNZ’s Orr
Central bank leaves interest rates on hold as concerns around growth and inflation emerge
Argentina creates new monetary policy committee
Central bank leaves rates unchanged on high inflation pressures
Australia’s labour market is tightening, governor says
Australia’s labour market is tightening, governor says, but higher wages are only evident in ‘certain pockets’ of the market
Rising wages set to increase inflation – ECB research
Strong GDP growth and employment creation underpins higher underlying price pressures
Somalia central bank begins global search for new governor
Central bank looks for suitable candidate to continue major reforms, as country attempts to recover following decades of conflict
Brazil needs loose policy to safeguard recovery – IMF
Central bank held rates unchanged at record-low level on August 1
Zimbabwean economy faces uncertainty after controversial election result
Violence and accusations of unfairness around the presidential election have dampened hopes of economic recovery
Reserves in Tunisia keep falling
Country battles high inflation and high deficits as it receives support from the IMF
CNB hikes in bid to tame inflation
Strong growth is boosting salaries and consumption in the Czech Republic
BoE lifts rates despite signs of a global weakening
MPC votes unanimously to raise rates to 0.75%
Fed keeps rates unchanged but points to strong economic activity
FOMC says it expects to implement gradual increases in federal funds rate
Stricter forex regulations in Central Africa needed to shore up reserves – IMF
Central bank must be ready to tighten monetary policy should reserves remain below target