Inflation
Fed's Mishkin said to fuel inflation target
According to an article from the Financial Times, published Monday 26 March, financial markets are likely to interpret Frederic Mishkin's recent speech (reported separately today) as further evidence that the Federal Reserve is stepping away from a…
EU's Almunia says stop attacking ECB
EU economic and monetary affairs commissioner Joaquin Almunia said Monday 26 March in an article that French politicians should stop attacking the euro and the European Central Bank.
Bini Smaghi says ECB must remove inflation risks
European Central Bank board member Lorenzo Bini Smaghi said Monday 26 March the ECB still needs to take action to eliminate remaining inflation risks in the eurozone.
BOJ's Fukui repeats to hike rates slowly
Bank of Japan governor Toshihiko Fukui told lawmakers Monday 26 March that the central bank will maintain its accommodative monetary policy stance for now by raising interest rates only slowly.
Karvalits says Hungary can reach CPI goal
The Hungarian central bank's (NBH) medium-term inflation goal can be reached even at an exchange rate weaker than the current one, Ferenc Karvalits, nominated as deputy governor said on Monday 26 March.
RBZ's Gono warns on parallel market forces
Reserve Bank of Zimbabwe governor Dr Gideon Gono warned Thursday 22 March of the existence of "stronger forces" on the parallel market that are fuelling the slide of the Zimbabwe dollar against major currencies.
Gaspari says eurozone inflation under control
Outgoing European Central Bank council member Mitja Gaspari said in an interview published Friday 23 March inflation in the 13 euro nations is ``under control'' and it's not yet time to talk about further interest-rate increases.
SNB's Jordan says hikes less pressing
The Swiss National Bank (SNB) currently sees further rate hikes as necessary to keep inflation at bay, while indicating the need for action has become smaller, the central bank's directorate member Thomas Jordan said in a speech Thursday 22 March.
Central bank performance under inflation targeting
This Bank of Canada Working Paper analyses the inflation record of inflation targeting central banks. The authors find that a higher inflation target and a larger inflation control range are associated with more variable inflation outcomes.
Chile's Corbo sees inflation at low end of range
Chilean central bank President Vittorio Corbo told reporters Wednesday 21 March he sees inflation at the low end of the central bank's target range in the coming months as economic growth "gradually" rebounds.
China's Zhou not worried on current inflation
China's central bank is not worried about the current level of consumer price inflation, People's Bank of China governor Zhou Xiaochuan was quoted as saying in a report by the official Xinhua News Agency on Wednesday 21 March.
McTeer says FOMC 'frozen in place'
The Federal Reserve will hold interest rates steady amid "unusual" simultaneous signals of both higher inflation and slower growth in coming months, said Robert McTeer, former president of the Federal Reserve Bank of Dallas, in an interview published…
A fresh mandate for RBI
India needs to debate the conduct of its monetary policy, according to this article published Tuesday 20 March by The Indian Express.
PBOC's Zhou worried over China CPI trend
People's Bank of China governor Zhou Xiaochuan told reporters on Sunday 18 March he was not worried about the current level of inflation but was concerned with the inflation trend.
BoE's Sentance on the changing pattern of savings
In the speech 'The changing pattern of savings: Implications for growth and inflation' given on 15 March Andrew Sentance of the Bank of England warned of possible inflationary risks from strong consumer spending levels.
Mboweni on the role of the SARB and consumers
In the speech 'The role of the South African Reserve Bank in the protection of consumers' given on 15 March Tito Mboweni of the South African Reserve Bank said that while the central bank aimed to achieve price stability and low and sustainable inflation…
Bank of England Inflation Attitudes Survey, Feb 07
The Bank of England published its February 2007 Inflation Attitudes Survey on Thursday 15 March. UK inflation expectations for the coming year remained at an elevated 2.7 pct in February, the survey found.
Norges Bank Monetary Policy Report, March 2007
Norges Bank published its First Monetary Policy Report (previously called the Inflation Report) for March 2007 on Thursday 15 March. In spite of strong growth in output and employment, inflation has not picked up so far.
RBI to act on price stability says Mohan
The Reserve Bank of India will take all possible monetary measures to maintain price stability, deputy governor Rakesh Mohan said on Wednesday 14 March.
Fed's Kroszner on changing dynamics of inflation
In the speech 'The changing dynamics of inflation' given on 12 March Randall Kroszner of the Federal Reserve said the Federal Reserve cannot be complacent about inflation and would act if currently benign inflation expectations change.
Serbian cb chief says inflation under control
Head of the National Bank of Serbia (NBS) Radovan Jelasic said on Sunday 11 March public spending would not cause a hike in prices.
Fed's Kohn on the evolving inflation process
In the speech 'Understanding the evolving inflation process' given on 9 March Donald Kohn of the Federal Reserve said the Fed must keep a close watch on inflation expectations, which are "critical" to the conduct of monetary policy.
Lacker on the evolving inflation process
In the speech 'Understanding the evolving inflation process' given on 9 March Jeffrey Lacker of the Federal Reserve Bank of Richmond said that U.S. inflation expectations may not be anchored enough to promote price stability.
ECB's Bini Smaghi says rates depend on growth data
Interest rates "must adjust" to combat inflation if economic growth continues, European Central Bank executive board member Lorenzo Bini Smaghi told Italian daily La Stampa in an interview published Sunday 11 March.