Inflation
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
SARB - Monetary Policy Review
The heightened levels of global economic uncertainty are making monetary-policy decisions more challenging, notes the latest Monetary Policy Review from the South African Reserve Bank.
Stanford's Taylor warns of balance-sheet threat
John Taylor, a former Federal Reserve economist now a professor at Stanford, has told lawmakers that the expansion of the Fed's balance sheet risks exacerbating inflation.
The three epochs of oil
Research by two prominent economists using the longest oil-price series available has uncovered significant trends in the price of crude.
Economy healing, but Bank warns on recovery's pace
The world economy is no longer on the brink of collapse but the upswing may be more protracted than during previous post-war recessions, the Bank of England said on Wednesday.
Ex-BoE deputy heralds decline of independent era
The collective failure of monetary authorities and governments to avert the current crisis will negate central banks' independence, Sir John Gieve, a former deputy governor at the Bank of England has said.
Chile cuts to record low
The Central Bank of Chile cut its benchmark rate to an all-time low of 1.25% on Thursday.
China warns on QE inflation threat
The People's Bank of China has said that quantitative easing posed huge risks for international markets and the global economy.
SNB's Jordan: exit from zero-rate policy tricky
Pinpointing the optimal date for exiting from the current zero interest-rate policy of the Swiss National Bank will be critical, said Thomas Jordan, a member of the institution's Governing Board.
The best methods for estimating trend inflation
Trend inflation forecasts estimated by the exclusion method and the principal component technique have strong predictive power on future changes in headline CPI or PCE inflation, new research from the Hong Kong Monetary Authority posits.
Norway cuts to a record low
Norges Bank on Wednesday cut its key rate by half a point to an all-time low of 1.5% on signs that the global recession was having an adverse impact on the domestic economy.
Brazil slows pace of easing
The Central Bank of Brazil cut its key interest rate for the third time this year to a record low of 10.25% on Wednesday.
Turkey on target to meet price goals
The Central Bank of Turkey believes it is on course to meet its inflation targets for the next three years.
A new model for inflation targeting
This International Monetary Fund paper presents a new model of inflation targeting, taking greater account of the importance of changes in the credibility of policymakers.
Inflation targeting: its roots and rationale
Research published by the International Monetary Fund uncovers the intellectual origins and reasons for inflation targeting.
Mexico cuts despite above-target inflation
The Bank of Mexico cited its growing concern about the extent of the slowdown in the national economy as the reasons for a deeper than anticipated cut in interest rates last Friday.
Inflation targeting not enough: BoE's Barker
Kate Barker, a member of the Bank of England's Monetary Policy Committee (MPC) has acknowledged that inflation targeting alone cannot produce economic stability.
More easing needed in New Zealand: OECD
The Reserve Bank of New Zealand should cut its policy rate by a further percentage point to 2% in order to stimulate the domestic economy, said the Organisation for Economic Cooperation and Development (OECD) on Thursday. The views contrast with those…
Iceland cuts by 150 basis points
The Central Bank of Iceland cut its policy rate by one and half basis points to 15.5% on Wednesday, the second cut in less than a month.
Depth of Icelandic cut limited on krona concern
Members of the Central Bank of Iceland's monetary policy committee decided unanimously to cut the key policy rate by a full percentage point to 17% but resisted a steeper move owing to caution about the impact on the currency, the minutes for the 17 and…