Inflation
Inflation forecasting for a changing world
Norges Bank develops new model suitable for real-time inflation forecasting
Canada’s Carney backs price-level target
Bank of Canada’s Mark Carney says maintaining economic stability may require rethink on monetary policy
UK delivers inflation surprise
United Kingdom’s July inflation figures show prices rose more than expected, but sharp decline predicted in coming months
Czech National Bank – Inflation Report
Czech National Bank says inflation will fall further but remain positive this year
RBA – Statement on Monetary Policy
Reserve Bank of Australia says economic conditions are improving in the latest Statement on Monetary Policy
Deflation risk and unemployment hit euro area
Euro-area inflation slumps as unemployment soars
New Keynesian Phillips Curves with wage rigidities
Bank of Canada applies structural inflation models with real wage rigidities to the domestic economy
UK inflation sinks below target
British price gauge falls below Bank of England’s target for first time in almost two years
NY Fed’s Dudley: central banks must look to lean against the wind
New York Federal Reserve president backs calls for central banks to counter bubbles
Weaker CBs must work harder in face of shock
Central banks with less credibility must work harder to combat a cost shock
Eurozone inflation negative for the first time
Euro-area inflation has headed below zero
Inflation targeting: lessons from the crisis
Spencer Dale, the chief economist at the Bank of England, has said inflation targeting should remain a mainstay of macroeconomic policymaking in Britain.
Cyprus's Orphanides on inflation targeting
Inflation targeting has had a positive influence on policy even among central banks that have chosen not to adopt it, Athanasios Orphanides, the governor of the Central Bank of Cyprus, has said.
Krugman hints at inflation remedy to fix crisis
Reducing the real value of debt burdens by stoking inflation is possibly the best bet to spur a global economic recovery, Paul Krugman, the Nobel laureate, said on Tuesday.
Inflation-targeting central banks communicate more
Central banks operating under inflation-targeting frameworks tend to provide more information than entities operating under other frameworks, a new paper from the Bank for International Settlements reveals.
Price-level targeting better than IT
Moving to price-level targeting from inflation targeting is welfare enhancing when imperfect credibility is short-lived, a new paper from the Bank of Canada posits.
Germany's Merkel attacks central banks
Angela Merkel, the chancellor of Germany, on Tuesday criticised the unconventional measures taken by central banks around the globe and called on them to revert to sane and independent monetary policy.
RBA hints at further easing
While it kept rates on hold for the time being, the Reserve Bank of Australia has dropped a strong hint that further rate cuts are on the way by suggesting that "scope remains for some further easing."
India's Subbarao: in crisis better to over-insure
It is safer, in crisis management, to err on the side doing too much rather than doing too little, said Duvvuri Subbarao, the governor of the Reserve Bank of India.
Turkey explains another cut
The Central Bank of Turkey cut rates by 50 basis points in May as data offered no signs of recovery in economic activity of employment, the minutes for the 14 May meeting reveal.
Bank of Canada - Spring Review
The Spring issue of the Bank of Canada Review considers changes to the country's inflation-targeting framework.
SARB cuts in face of recession
The South African Reserve Bank (SARB) has cut interest rates by 100 basis points to 7.5% as Africa's leading economy enters it first recession in over a decade.
RBA on why it kept policy rate unchanged
The Reserve Bank of Australia decided to leave the cash rate unchanged at 3% as there were signs that the economic stimulus that had been applied was supporting demand, according to minutes of the May meeting.
Interview: Zdeneˇk Tu°ma
Martina Horáková speaks to the Czech governor about the crisis, calls for cross-border supervision and the process for adopting the euro