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Inflation

ECB's Quaden: all info needed on inflation risk

European Central Bank board member, and governor of the Belgian National Bank, Guy Quaden told reporters Thursday 3 May that the ECB would consider all available data that could affect inflation risk when the central bank meets in Dublin next week.

BoE's King on the MPC ten years on

In the speech 'The MPC ten years on' given on 2 May Mervyn King of the Bank of England said since its inception the MPC has kept inflation expectations well anchored and is determined to keep doing so.

Dodge on the Canadian economy

In a speech given on 2 May David Dodge of the Bank of Canada said domestic demand is likely to continue to be the main driver of growth in Canada.

Is Bernanke wrong on inflation?

According to this article from Bloomberg on Monday 30 April, a housing slump in the US may drive the US economy into recession, prompting the Federal Reserve to cut interest rates.

Fed Reserve Bank of St Louis Review, May/Jun 2007

The latest edition of the St Louis Fed's Review for May/June 2007 includes an article which uses extensive archival material from several countries, to bring together scattered information about Milton Friedman's views and predictions regarding U.S…

IMF paper on Reserve Bank of Zimbabwe's losses

The IMF Working Paper 'Central bank quasi-fiscal losses and high inflation in Zimbabwe: A note' says Zimbabwe's failure to address continuing central bank quasi-fiscal losses has interfered with both monetary management and the independence and…

SF Fed's Yellen sees risks to global growth

Federal Reserve Bank of San Francisco president Janet Yellen said on Saturday 28 April risks to the global economy maintaining "exceptionally strong" growth include a slowing US economy and unbalanced trade flows.

PBOC raises reserve ratio

The People's Bank of China has ordered major commercial banks to set aside more money in reserves in a move to slow its economy.

SF Fed's Yellen on the US economy

In the speech 'The U.S. economy: Prospects and a puzzle revisited' given on 26 April Janet Yellen of the Federal Reserve Bank of San Francisco said the Fed should neither hit the brakes nor the accelerator because the road ahead is uncertain.

Gono is the only ace in Zimbabwe's house of cards

As Zimbabwe's collapse goes from worse to worse with record inflation and a wrecked economy, this article from New Zimbabwe, published Monday 23 April, says only Reserve Bank governor Gideon Gono holds the key to Zimbabwe's recovery.

Sweden's Ingves on central bank communication

In the speech 'Communication - what demands are made of an independent central bank?' given on 24 April Stefan Ingves of the Sveriges Riksbank said ever since the inflation target was introduced, transparency has been a guiding principle for Sweden's…

ECB member positive on low eurozone inflation

ECB Executive Board member Gertrude Tumpel-Gugerell said in an interview with Viennese daily Der Kurier that Europe's growth prospects remained "very positive" and eurozone inflation will probably stay below 2% this year.

Bank of Canada holds rates unchanged

The Bank of Canada announced Tuesday 24 April that it is maintaining its target for the overnight rate at 4 1/4 per cent. The bank said Canadian economic growth has been roughly in line with its expectations.

Interview with Dallas Fed's Fisher

In an interview with USA Today, published Monday 23 April, Dallas Fed president Richard Fisher says gaining a better knowledge of globalisation may help the Fed tackle inflation.

Richmond's Lacker on inflation and unemployment

In the speech 'Inflation and unemployment' given on 11 April Jeffrey Lacker of the Federal Reserve Bank of Richmond said the centrality of inflation expectations in the modern Phillips curve reinforces the importance of consistency and credibility in…

Garganas says press reports wrongly quote him

Bank of Greece governor and European Central Bank committee member Nicholas Garganas issued a press release Monday 23 April denying making a statement in press reports that a stronger euro may mean the ECB doesn't have to raise interest rates again.

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