Inflation
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.
Zimbabwe lops ten zeros off currency
The Reserve Bank of Zimbabwe announced plans to remove ten zeros from its currency in a fresh bid to fight hyperinflation.
RBI moves to counter "intolerable" inflation
The Reserve Bank of India looked to assert its inflation-fighting credentials on Tuesday, raising its policy rate and reserve ratio, and warning of regulatory action if financial institutions continue to lend excessively.
Inflation and fiscal deficit force Pakistan to act
The State Bank of Pakistan has raised its benchmark rate by a full percentage point to 13% in a bid to combat rampant inflation, and a worsening fiscal deficit.
OECD inflation soars to eight-year high
CPI inflation in the 30 countries that comprise the OECD surged to its highest level since March 2000 in the year to June, data published Tuesday revealed.
Turkey adjusts inflation forecast
Significant increases in the prices of oil and food led to an upward revision in the inflation forecast and mean further monetary tightening will be needed, according to the latest inflation report from the Central Bank of the Republic of Turkey.
Fed's Mishkin proposes communications changes
Frederic Mishkin, an outgoing governor of the Federal Reserve, believes the central bank needs to make a raft of improvements to its communication policy.
Some preconditions for inflation targeting
The main macroeconomic preconditions for adopting an inflation-targeting regime are high levels of financial development, GDP per person and trade openness, finds a new paper from the Central Bank of Chile.
Japanese inflation spikes to 1.9%
Annual core inflation in Japan soared by almost half a point in the year to June to 1.9%, up from 1.5% the previous month.
Inflation in industrial countries "global"
A new paper published by the Chicago Federal Reserve shows that inflation in industrialised countries is largely a global phenomenon.
Ghana raises rates to combat record inflation
The Bank of Ghana raised rates by a full percentage point on Monday as spiralling oil and food prices drove inflation to a three-year high of 18.4%.
Mexico looks to squeeze above-target inflation
The Bank of Mexico lifted rates for the second straight month on Friday in a bid to slow inflation which was risen to 5.26% as a result of surging oil and food prices.
Lawmakers press for changes to ECB price target
Members of the European Parliament have proposed a series of changes to the European Central Bank's inflation target.
Canada constructs core inflation measure
Research published by the Bank of Canada has developed a measure of core inflation for Canada.
Zimbabwean inflation at 2.2m%
Zimbabwe's annual inflation rate has hit 2,200,000%, Gideon Gono, the governor of the country's Reserve Bank, said on Wednesday.
US inflation soars to 5%
The key measure of US annual inflation surged to its highest level since 1991 in June, figures out Wednesday reveal.
Canada holds rates, warns on inflation
The Bank of Canada on Tuesday opted to keep rates at 3% but warned inflation was set to soar above 4%, double the institution's target.
UK inflation surges to 16-year high
British headline inflation rose to 3.8% in the year to June, its highest level since 1992.
Chile hikes by half a point
The Central Bank of Chile on Thursday raised its key rate half a point to 7.25% on the back of a deteriorating inflationary outlook.
Interest rates in inflation-targeting countries
A new paper from the Reserve Bank of Australia examines whether long-term nominal interest rates in inflation-targeting economies are determined abroad.
Swedish rates up, more to come
Sweden's central bank has raised rates by a quarter point to 4.5% - a new 12-year high - with the promise of two further hikes this year.
China clamps down on hot money
The authorities in Beijing have announced new measures to curb the inflow of speculative money, which is adding to the booming economy's increasing inflation problem.
Eurozone inflation surges to 4%
Euro-area annual inflation is expected to have soared to a fresh high of 4% in the year to June, data released Monday revealed.
Inflation targets impact medium-term expectations
A research paper published by the Bank of England finds evidence that the introduction of inflation targeting has caused both the general public and professionals to anchor their expectations, rather than basing them on current retail price index…