Inflation
UK inflation jumps to 2.5%
British inflation rose by 0.3 percentage points in the year to February, an increase that was widely expected after the Bank of England said last month that price growth was set to accelerate over the next quarter. Changes to the way in which the measure…
Commodity prices prompted RBA rate rise
The likelihood of rampant commodity price growth over the course of 2008 led the Reserve Bank of Australia to hike rates by a quarter point earlier this month, minutes of the March monetary policy meeting reveal.
UK inflation expectations surge to record high
The British public expects prices to rise by 3.3% over the next 12 months, their highest-ever estimate.
Chile keeps rates at six-year high
The Central Bank of Chile held rates at 6.25% for the second month in a row.
Policy's role grows amid tensions: Canada's Carney
At a time of great uncertainty, it is more important than ever that monetary policy acts as stabilising force, said Mark Carney, the governor of the Bank of Canada.
Norway leaves rates unchanged
The Bank of Norway's Executive Board opted on Thursday 13 March to keep rates at 5.25% for the second consecutive vote.
Swiss rate band remains fixed around 2.75%
The Swiss National Bank (SNB) will keep its target range for three-month interbank borrowing costs between 2.25% and 3.25% for the coming quarter.
Sex and education affect inflation perceptions
Inflation perceptions are significantly related to consumers' socio-demographic characteristics, research published by the Bank of Italy finds.
Central bankers responsible for lower inflation
Monetary policy credibility accounts for why inflation appears generally to have become less persistent, said Janet Yellen, the president of the San Francisco Federal Reserve.
Argentina's Redrado on lessons from hyperinflation
Lower inflation is the consequence of more responsible fiscal, monetary and wage policies, which might be a result of more awareness of the costs of rampant price growth, stated Martin Redrado, the governor of the Central Bank of Argentina.
Inflation on course to hit target: NBP's Skrzypek
Polish inflation is still expected to return to target in the medium term, Slawomir Skrzypek, the governor of National Bank of Poland, said.
Good times are over, says France's Noyer
Christian Noyer, the governor of the Bank of France, has warned that globalisation's impact on inflation will no longer be a positive one.
Monthly inflation falls in Brazil, yearly rate up
Brazilian inflation slowed for the second straight month in February despite interest rates remaining at an all-time low.
Chinese inflation hits fresh high
Inflation in China soared to a new 12-year high last month, the National Bureau of Statistics revealed on Tuesday 11 March. Prices rose by 8.7% in the year to February from 7.1% the previous month, with food costs up by 23.3%.
Price stability is best aim for policy
Low and stable inflation remains the best contribution monetary policy can make to growth and macroeconomic stability, said Svein Gjedrem, the governor of the Bank of Norway.
China would prosper from currency appreciation
China would benefit from moving to a flexible exchange rate regime and allowing the People's Bank of China greater independence to control inflation, research published by the Bank of Canada indicates.
Vietnam extends dong band to curb inflation
The State Bank of Vietnam widened the dong's trading band on Monday 10 March in a bid to counter double-digit inflation.
Taiwan set to raise rates
Fai-Nan Perng, the governor of the Central Bank of China (Taiwan), has told the country's parliament that he will carry on hiking rates to dampen inflationary pressures.
Japan maintains 0.5% target as Fukui steps down
The Bank of Japan opted to keep rates on hold for the 15th straight vote.
Inflation expectations up: Fed's Geithner
Timothy Geithner, the president of the New York Federal Reserve, has acknowledged that inflation expectations have risen in the US.
Inflation fall driven by policy not globalisation
Globalisation is not the main factor in dampening inflationary pressures, as commonly suggested, argued Axel Weber, the president of the Bundesbank.
Near-term cut unlikely as ECB takes neutral tone
Jean-Claude Trichet, the president of the European Central Bank (ECB), signalled that the governing council is unlikely to back a rate cut in the coming months.
New Zealand holds rates at 8.25%
The Reserve Bank of New Zealand kept rates unchanged for the seventh straight month.
Price-level-path targeting would suit Canada
Simple price-level-path targeting performs slightly better than simple inflation targeting when the Canadian economy is confronted by shocks, states a new Bank of Canada research.