Inflation
Argentina reduces policy rate for first time since May
Analyst says 500bp cut means country is unlikely to lift currency controls soon
Inflation in Turkey drops in October
However, pace of disinflation remains slow
Colombia cuts rates by 50bp in split decision
Recent constitutional reform bill could hurt fiscal sustainability, says central bank
BoJ holds policy rate
Central bank highlights need to monitor US economic developments and domestic data
Thai government and BoT agree to keep inflation target intact
Central bank and government reach price goal consensus despite a year of tensions
Governors weigh macroeconomic risks at G30 event
Officials from Netherlands, South Africa, BIS and more consider debt, inflation and climate change
Norges Bank governor explores monetary policy trade-offs
Demand channel requires greater unemployment than currency channel, Bache argues
Russia hikes rates by 200bp
Central bank is forced to update its outlook in face of soaring inflation
Emerging markets resilient amid global shift, governors tell panel
Smaller economies better placed to intervene during crises, say central bank heads
Global component of inflation surged in pandemic – research
Dallas Fed authors say international factors exert greater influence than they did pre-Covid
ECB could go below r* when setting policy, says Panetta
Bank of Italy governor says eurozone has to return to “normal way of doing monetary policy”
Differences in eurozone states ‘support disinflation narrative’
BdF deputy governor confident inflation will keep falling based on wage developments
How to allocate rate hikes ‘keeps me awake 24/7’, says BoJ’s Ueda
Governor reflects on past steps in policy normalisation and Japan’s ageing population
Rehn reiterates need for inquiry into demographics, inflation
Europeans need to ready themselves for trade fragmentation, says Bank of Finland governor
Eurozone needs to take more risk, says Bank of Portugal governor
Centeno says lack of investment is handicapping growth
Bank of Thailand official calls for more flexible inflation targeting
Deputy governor says excessive policy fine-tuning can be counterproductive
IMF warns central banks not to keep policy ‘too tight for too long’
Chief economist calls for “triple pivot” as global economic outlook shifts
Inflation to be under control by next June – SBP governor
Head of Pakistan’s central bank hails fall in inflation to 6.9%, down from peak of 38% last year
Chile continues easing cycle with 25bp cut
Analyst says another reduction in December is “far from guaranteed”
European Central Bank cuts rates by 25bp
“Undershooting target” becomes real threat as markets’ medium-term inflation expectations fall below 2%
Global soft landing could ameliorate US inflation – research
Study by San Francisco Fed finds rising prices of domestic goods are tied to international factors
Turkey holds rates for seventh consecutive time
Decision comes after monthly inflation ticked up in September
How the rate hike cycle emboldened banks’ deposit modelling
But just because depositors didn’t react quickly doesn’t mean it will never happen