Inflation
Schnabel outlines alternative scenarios for eurozone inflation
ECB board member says uncertainty looms over trajectory for prices
All eyes on the Fed
The US central bank faces a challenging path to fulfil its mandated goals
Campos Neto on inflation targeting, independence and the future of financial intermediation
The Brazilian governor speaks with Christopher Jeffery about tackling inflation, the need for financial autonomy, and redefining the financial landscape with open finance, programmable Pix, deposit tokenisation and sound cross-border payments governance
Bailey highlights key challenges to central banking orthodoxy
BoE governor says focus on financial stability remains key during “Covid-Ukraine era”
Fed likely to cut rates in September – FOMC minutes
Participants at July meeting said they would need greater confidence inflation was falling
Fed chair says time has come to adjust policy
Powell warns of ‘unmistakable’ labour market cooling in speech at Jackson Hole summit
‘Beveridge threshold’ can explain US soft landing – study
Gauti Eggertson tells Jackson Hole attendees why many economists were too gloomy about growth
Food inflation spills over in India – RBI study
Central bank economists call for disinflationary monetary policy to tame phenomenon
Greedflation, if it ever existed, is correcting itself
Steve Kamin constructs a “wage gap” to assess inflationary pressures in the US
Public sector pay rises ‘will not drive UK inflation’
Former BoE deputy governor says wage agreements’ impact on private sector prices is likely to be limited
Bank Indonesia keeps rates unchanged
Central bank sees room for cuts in fourth quarter, governor says
Bank of Thailand holds rates at 2.5%
Change of government poses uncertainty over major cash handout plan
Bank of Jamaica delivers first rate cut in two years
Inflation should remain within target despite Hurricane Beryl, MPC says
Turkey keeps interest rates unchanged
Central bank says people’s inflation expectations are more pessimistic than its own
RBA minutes reveal hawkish outlook after rate hold
Members considered hike during last meeting, MPC says
US housing may become increasingly affordable – paper
Authors cite income growth and housing price appreciation that trails inflation as contributory factors
Uruguay holds rate for fourth consecutive time
Central bank projects inflation will remain with 3–6% target over coming two years
Sri Lanka’s central bank forecasts fall in inflation
CBSL says figure will fall to its lowest point in early 2025 before rising again towards 5% target
Inflation in India falls to five-year low
Food inflation is also at its lowest level for more than a year
Medium-term US inflation expectations hit record low
However, expert says infrastructure projects could push prices to higher-than-expected levels
UK CPI up less than expected as services inflation falls
Figures may help allay concerns over persistent wage pressures
New Zealand cuts policy rate for first time in four years
RBNZ cites easing inflation and weakening economic activity
‘State-dependent’ model sheds light on inflation surge
Bank of Spain’s Galo Nuño says changing key pricing assumption helps explain “immaculate disinflation”
Bank of Uganda cuts rates by 25bp
Move comes despite inflation having risen for third consecutive month