Inflation
Switzerland and Norway raise rates
Norges Bank expects further increases while SNB does not rule them out
BoE makes surprise 50bp rate increase
Central bank to review modelling framework after repeated forecast errors
Angola appoints deputy governor to top job
Tiago Dias succeeds Massano, who left to join cabinet
Schnabel stresses inflation risks and need for tighter policy
ECB needs to err on the side of doing too much rather than too little, says board member
Bangladesh to adopt single exchange rate
Central bank raises interest rates as it struggles to stem inflation and build reserves
Nigeria liberalises exchange rate
Naira falls sharply as country leaves Emefiele era behind
State Bank of Vietnam cuts interest rates
Move comes after government’s call on the central bank to support businesses and economic growth
BoJ sticks to ultra-loose monetary policy
Japan’s inflation has exceeded 2% target for a year, but central bank is unconvinced it is sustainable
BoJ’s easing stance fuels yen undervaluation dilemma
Japanese policy-makers need to consider feedback loop that an undervalued yen has on cost-push inflation; reflect on YCC exit options in ‘broad perspective review’, writes Sayuri Shirai
ECB raises rates again and signals more tightening
Tight labour market and core inflation surprises have driven forecasts higher, Lagarde says
Central banking against a full-scale war
National Bank of Ukraine governor Andriy Pyshnyy shares seven statements about ‘antifragility’ and the ability to function under uncertainty – and succeed
Fed holds policy rate steady
Powell says conditions for lower inflation are coming into place, and July will be a “live meeting”
Pakistan holds rates despite high inflation
Reserves resume fall as balance of payments crisis continues
Chile’s central bank aims to boost reserves by 28%
Programme aims to buy $10 billion in FX over 12 months after interventions to support peso
Populists can pressure central banks to cut rates, paper finds
Researchers say the most populist governments can get rates lowered by 30 basis points
Zimbabwe devalues currency as crisis deepens
Analyst says Reserve Bank and finance ministry are struggling for control of FX reserves
RBI holds rate despite stubborn inflation
Policy-makers hint at need for further tightening as inflation stays above target
Thugge confirmed as next Kenya governor
President’s adviser gets parliamentary approval and calls for dollar bonds to boost reserves
Eurozone consumer inflation expectations down ‘significantly’
ECB data shows median 12 months ahead expectations fell to 4.1% in April
RBA raises interest rate to 11-year high
Governor Philip Lowe signals further rate hikes may be needed
Currency round-up: Lebanon considers new high-denomination notes
South Africa issues upgraded notes; Argentina 2,000 peso enters circulation; and more
Campos Neto repeats opposition to common currency
Digital payments have outstripped benefits of “very old idea”
Central banks need short-run climate models – BdF governor
Governments may push central banks into ineffective climate action, Sarb governor warns
Dominican Republic cuts key rate by 50bp
Central bank expects headline inflation will have returned to target in May