Inflation
Fed's Stern: recession could end in mid-2009
In one of the most bullish assessments of the state of the US economy by an official of the Federal Reserve since the start of the crisis, Gary Stern, the long-serving president of the Federal Reserve Bank of Minneapolis, said that the recovery could…
Sharp decline in inflation a plus - RBI's Subbarao
The sharp decline of India's headline inflation is an advantage for the country's policymakers as they respond to the current economic conditions, said Duvvuri Subbarao, the governor of the Reserve Bank of India.
Inflation-targeting regime improves policy
During the Bank of England's inflation-targeting regime, monetary policy shocks have been more muted and inflation expectations have been lower than before, a new paper from the central bank posits.
Inflation in new EU10 driven by common factors
A major part of inflation in the ten new European Union (EU) member countries is driven by common factors, a new paper from the International Monetary Funds reveals.
UK inflation statistic surprises
The British CPI inflation statistic for the year to February, out Tuesday, confounded analysts' expectations of a steep fall, rising by a fifth of a percentage point from the January figure.
Albania needs core inflation reporting
Core inflation reporting and analysis should be included in the Bank of Albania's periodical reports on monetary policy, a paper from the central bank finds.
Indian inflation near zero
Indian inflation has reached a 20-year low of just 0.44%.
A labour model for inflation dynamics
A model with sticky nominal wages and right-to-manage bargaining best captures the response of inflation to nominal labour shocks, a new paper from the Philadelphia Federal Reserve posits.
Monetary policy can affect fiscal spillover
Interventions by central banks can impact the magnitude and nature of a spillover from regional fiscal policy, a new paper from Banque de France posits.
Morgan Stanley economist new MPC member
Alistair Darling, the chancellor of the exchequer, announced on Thursday that David Miles will replace David Blanchflower as an external member of the Bank of England's Monetary Policy Committee (MPC) on 1 June.
Phillips curve remains an enigma
The understanding of what underlies the correlation between unemployment and the inflation rate is constantly changing, a new paper from the Richmond Federal Reserve.
New measures for housing inflation needed
Policymakers lack appropriate measures of inflation for the market in owner-occupied housing services, argues a new paper form the Philadelphia Federal Reserve.
BoE's Barker confident on quantitative easing
Increasing the money supply is a significant move that will prop up the economy, said Kate Barker, a member of the Bank of England's Monetary Policy Committee.
Brazil cuts to record low to boost sluggish growth
The Central Bank of Brazil cut its core interest rate, Selic, by 150 basis points on Wednesday after data out Tuesday indicated Brazil was much more vulnerable to the global economic crisis than previously assumed.
One-sector inflation model insufficient
One-sector models for determining the optimal rate of inflation are insufficient, finds a new paper from the Richmond Federal Reserve.
IMF staffer urges global effort to stem deflation
An International Monetary Fund (IMF) economist has called on central bankers to begin multilateral talks to stave off worldwide deflation.
Central Bank of Iran - Annual Report 2006/07
In the 2006/07 financial year, inflation increased above the target set in Iran's five-year development plan in part due to the central bank's lack of independence, it notes in its latest Annual Report.
SA inflation dips as new gauge introduced
South African inflation plunged by more than two percentage points last month following the introduction of a new inflation basket.
Romania wants to accelerate euro adoption
Bucharest is looking in to adopting the euro before the current target of 2014 in order to more closely link Romania's economy with other members of the European Union.
Riksbank's policymakers cut on worsening outlook
The Executive Board of the Riksbank unanimously backed a repo rate cut of 100 basis points to 1%, the minutes of the 10 February meeting reveal.
Denmark's incredible price stability
The past five centuries in Denmark have been dominated by price stability, posits a new paper from the National Bank of Denmark.
How worried should we be about deflation?
Dean Baker argues that fears over deflation have been greatly exaggerated. Policymakers should rather focus on reducing risk premia
Interview: Kenneth Rogoff
The former chief economist of the IMF tells Malan Rietveld that central banks know how to generate inflation if needed and that there are bigger problems than deflation to be worried about
Fed gloomy on 2009, more bullish on 2010 and 2011
The Federal Reserve has reduced its forecast for economic growth this year, but has upgraded its projection for 2010 and 2011.