Inflation
FOMC: blue chips and unemployment key indicators
Federal Open Market Committee members are more concerned with so-called "blue-chip" inflation expectations than with lagged actual inflation or analysts' inflation expectations, a new paper form the Dallas Federal Reserve finds.
Bank's outlook wintry for UK economy
The Bank of England gave a dismal forecast for the British economy on Wednesday, predicting inflation to rise to about three percentage points above its target and growth to fall sharply.
Colombia fights above-target inflation
The board of directors of the Banco de la Republica Colombia were unanimous in deciding to raise the central bank's benchmark rate by 25 basis points to 10%, the minutes of the 25 July meeting show.
UK inflation soars to more than double BoE target
The Bank of England will publish its quarterly Inflation Report on Wednesday with annual inflation at more than double its 2% target.
Chinese inflation falls for third-straight month
Chinese consumer price inflation fell to a ten-month low of 6.3% in the year to July.
Singapore - Annual Report 2007
Singapore's economic growth may ease in the coming quarters as the global economy weakens and as inflationary pressures persist, said Goh Chok Tong, the chairman of the Monetary Authority of Singapore, in the institution's latest annual report.
US inflation and unemployment to rise: poll
US economic growth in 2008 will be slower than in 2007, with inflation staying high and unemployment rising, according to a survey of participants at the Chicago Fed's annual Automotive Outlook Symposium.
Egypt fears second-round effects, raises rates
The Central Bank of Egypt has increased its three key rates in a bid to contain the impact of soaring food costs.
Russia embraces euro
The euro has gained in importance in Russia as an anchor and reserve currency, according to a new paper from the European Central Bank.
We've got money to burn: Hungary
The National Bank of Hungary is offering bricks made up of its cancelled banknotes for charities to burn for fuel.
Korea unexpectedly raises rates
The Bank of Korea raised its benchmark rate to an eight-year high on Thursday in a surprise move.
HKMA: China should step up tightening
The increase in headline inflation in mainland China calls for additional monetary tightening measures, said Hans Genberg, an executive director of the Hong Kong Monetary Authority.
GCC inflation is imported
Inflation rates in trading partners are the main driver of price pressures in Saudi Arabia and Kuwait, finds a new paper from the International Monetary Fund.
Monetary transmission - markets compared
Monetary transmission mechanisms in emerging markets work with a shorter time lag than those in developed countries, according to a new research from the International Monetary Fund.
Bank's risk forecasts not effective
The Bank of England's risk forecasts for inflation do not perform well, finds new research from the Deutsche Bundesbank.
Papua New Guinea: monetary tightening ahead
The Bank of Papua New Guinea will adopt a tightening monetary policy stance for the remainder of 2008, according to the central bank's latest monetary policy statement.
Inside Beijing’s power struggle
Having seized the early initiative in Beijing’s anti-inflation strategy, the People’s Bank of China has seen its authority increasingly challenged, argues Hui Feng
BoE's Tucker on assessing price impact of slowdown
A key challenge for the Bank of England's Monetary Policy Committee will be to assess whether the expected economic slowdown will be sufficient to bring inflation back to target, said Paul Tucker, the Bank's executive director responsible for markets.
Asian inflation may spark investor flight
If inflation continue to rise, a deterioration of investor sentiment about emerging-markets economies cannot be ruled out, said the Exchange Fund advisory committee of the Hong Kong Monetary Authority according to minutes of its June meeting.
Mexican growth suffers as remittances slide
The Bank of Mexico has cut its growth estimate for this year on evidence that remittance payments from US-based migrant workers are falling.
NZ's Bollard praises inflation targeting
There are no clearly superior alternatives to the flexible inflation targeting approach for maintaining price stability, said Alan Bollard, the governor of the Reserve Bank of New Zealand.
Asian inflation to stay high
Inflation in Asian countries will remain high over the medium term due to rising oil prices and a persistent shortage of skilled labour, says new research from Deutsche Bank.
Korean growth slows
Korea's economy slowed in June as the pace of CPI inflation picked up. The increase in the CPI was mainly due to high oil prices, said the Bank of Korea in its second quarterly bulletin for 2008.