Inflation
Triple A rating “ours to lose”: King
Bank of England’s Mervyn King says downgrade unlikely given Britain’s strong track record and maturity of government bonds
Inflation targeting the best available option: RBNZ’s Bollard
Reserve Bank of New Zealand governor Alan Bollard says although the method has not always ensured stability, it is better than the alternatives
Real exchange rate matters: SARB’s Mminele
South African Reserve Bank’s Daniel Mminele on the role of exchange rates in monetary policy
Argentina surprises with new governor
Mercedes Marcó del Pont, the pro-government head of a state bank, is made governor of the Argentine central bank, commentators and markets in shock
Bank holds rates, halts asset purchases
Bank’s rate-setters stand pat, pointing to a clash of pressures between inflation and anaemic growth; ex-MPC members concur
Romania makes half-point cut
Romanian central bank lowers cost of borrowing despite above-target inflation
CEE more vulnerable to exchange-rate shocks
National Bank of Hungary looks at the transmission of monetary policy in Central and Eastern Europe
China must look to interest rates: OECD
Paris-based organisation calls on Chinese central bank to move interest rates rather than putting liquidity controls in place
No hikes if inflation stays below 8.5%: RBI
Indian central bank’s governor and deputy governors say hikes could dampen growth, key rates to stay flat unless inflation exceeds 8.5%
Turkey’s inflation forecast unchanged despite hike
The Central Bank of Turkey’s quarterly Inflation Report shows inflation hike end-2009 temporary
RBI hikes reserve ratio
Reserve Bank of India bids to counter risk that high food inflation could spark broader price pressures
RBI hints at tightening ahead of policy meet
Reserve Bank of India flags inflation as “major concern” on eve of rate vote
Kansas’s Hoenig dissents at FOMC meeting
Kansas Fed president Thomas Hoenig votes against action to keep promise of extremely accommodative policy
Services inflation must fall: Bank’s Sentance
BoE rate-setter Andrew Sentance says spike in goods inflation is increasing pressure for services inflation to be controlled
Turkey warns of risk from higher commodity prices
The Central Bank of Turkey flags dangers presented by rise in commodity prices
Iceland cuts by 50 bp as króna stands ground
Unexpected reduction leaves borrowing costs at 9.5%, central bank notes Icesave debacle failed to impact króna
IMF more upbeat on growth
Global economy now set to expand by 3.9% this year, according to World Economic Outlook Update
Rates on hold – Colombian minutes
Minutes of the Colombian central bank’s December policy meeting show inflation is not yet a concern
Wait and see on rates – MPC minutes
Bank of England’s monetary policy committee is unanimous is decisions to hold rates and the size of the quantitative easing programme
Record inflation growth in the UK
CPI rises by highest-ever monthly margin, QE extension looks less likely
Accurate inflation forecast crucial for exit plan
St Louis Fed looks at challenges in designing effective exit policy
Timing is everything: RBI’s Subbarao on exit
RBI governor Duvvuri Subbarao stresses the need to support recovery while addressing soaring inflation a week ahead of next policy meeting
RBI's Mohanty bemoans inflation measures
Reserve Bank of India's Deepak Mohanty wants robust primary measure of inflation
Inflation costs: Philadephia Fed working paper
Philadelphia Fed paper examines cost of inflation in a DSGE model