Inflation
Emirates must cooperate on inflation: Al-Suwaidi
Sultan bin Nasser al-Suwaidi, the governor of the Central Bank of the United Arab Emirates, said on Tuesday that officials in all of the emirates had to work on curbing soaring inflation, but warned against tampering with exchange rates.
Thailand holds rates at 3.25%
The Bank of Thailand's monetary policy committee voted on Wednesday to keep rates at 3.25% in spite of rising inflation.
Paper highlights influence of Taylor rule
The rise in influence of the Taylor rule, which shows how monetary policy should adjust to ensure growth and inflation remain near target levels, played an important part in the shift towards a more transparent, more independent era of central banking,…
Philippines's Tentangco notes strong performance
The Filipino economy achieved the ideal confluence of high growth and low inflation in 2007, said Amando Tetangco, Jr, the governor of the central bank.
Hawkish Hoenig stresses inflation risks
The likelihood of a recession in the United States is smaller than others are suggesting, says Thomas Hoenig, the president of the Kansas City Federal Reserve.
Central banks with dual role face tough choices
Central banks, such as the Federal Reserve, with the dual mandate of maintaining price stability and economic growth, should not give equal weight to their inflation and unemployment goals, a study by the Kansas City Federal Reserve finds.
Saudi must diversify investments, says top bank
The National Commercial Bank, Saudi Arabia's largest state bank, has called on the government to set up a sovereign wealth fund to cut the country's exposure to the greenback. The central bank should also look at de-pegging the riyal from the dollar.
ECB should discuss inflation disparities
The divergence between actual eurozone inflation and that perceived by the public in a number of euro area countries represents a communication challenge for the European Central Bank, says Lucas Papademos, the vice-president.
Chile raises rates
The Central Bank of Chile voted on Thursday to hike rates by 25 basis points to 6.25%.
Peruvian rates hit 5.25% on inflation fears
The Central Bank of Peru's rate-setting board raised rates to 5.25%.
UK rates held at 5.5%
The Bank of England's monetary policy committee (MPC) on Thursday voted to keep the benchmark bank rate at 5.5%.
ECB holds rates, warns of inflation risk
The European Central Bank kept rates on hold at 4% on Thursday, with its president, Jean-Claude Trichet, reiterating that upside risks to price stability were "fully confirmed".
France renews onslaught on ECB policy
The French government has resumed its campaign calling for the European Central Bank (ECB) to cut rates.
Bank Indonesia avoids rate cut on price fears
Bank Indonesia's rate-setting board voted to keep rates on hold at 8% on Tuesday after inflation remained way above the central bank's medium-term target in December.
ECB ready to act as inflation stays high
Jean-Claude Trichet, the president of the European Central Bank (ECB), said on Saturday that the rate-setting governing council was ready to act to control rising prices after figures published Friday showed euro-area inflation stayed at 3.1%.
Romania hikes rates to 8%
The National Bank of Romania's rate-setting board on Monday voted to raise the benchmark monetary policy rate by 50 basis points to 8%.
Fed minutes reveal clear shift in outlook
The minutes of the December meeting of the Federal Open Market Committee (FOMC), published on Wednesday, reveal a more dovish Federal Reserve than was suggested at the time.
Venezuelan inflation shoots up to 22.5%
The Central Bank of Venezuela said on Wednesday that inflation in the metropolitan area of Caracas, the country's capital, hit 22.5% in 2007, the highest official rate in Latin America.
Central Bank of Kuwait - Annual Report 2006-2007
In a bid to combat rising inflation, the Central Bank of Kuwait raised the exchange rate of the Kuwaiti dinar against the greenback from 292 fils to 289 fils per dollar.
Rate setters act on inflation not job location
Little evidence exists of any systematic differences in the voting habits of internally- and externally-appointed members of the Bank of England's monetary policy committee, research published by the Bank finds.
China lifts rates in new bid to halt inflation
The People's Bank of China on Thursday hiked rates for the sixth time this year in an effort to curb inflation now at an 11-year peak.
Philippines cuts rates to 5.25%
The Central Bank of the Philippines's rate-setting board voted on Thursday to reduce its benchmark overnight borrowing rate to 5.25%. The decision marks the third rate cut in a row for the central bank.
Taiwan hikes rates to 3.375%
The board of the Central Bank of the Republic of China (Taiwan) on Thursday opted to raise its benchmark discount rate by 12.5 basis points to 3.375%.
Renminbi revaluation would help dampen inflation
An appreciation of the renminbi against the greenback should lead to the Chinese authorities having more control over inflation, but would have little effect on the size of the United States trade deficit, says Marvin Goodfriend, an academic based at…