Inflation
SARB's Mboweni on monetary policy decision making
In the speech 'Monetary policy decision making in an uncertain international economic environment' given on 2 November Tito Mboweni of the SARB said sustained lower international oil prices will help to contain inflation in South Africa, but this should…
Fisher on confessions of a data dependent
In the speech 'Confessions of a data dependent' given on 2 November Richard Fisher of the Federal Reserve Bank of Dallas warned that inflation in the United States was still too high, though he recognized the worst could have passed.
India's fast-evolving economy tests central bank
According to this article from Reuters, published Thursday 2 November, the Reserve Bank of India needs to know how close the economy is to overheating if it wants to keep the lid on inflation.
Controlling inflation is immediate goal for India
India's finance minister said on Friday 3 November controlling inflation expectations was the government's immediate goal and it would use all fiscal and monetary measures to bring down inflation towards 4 percent.
Fed's Fisher says main goal is inflation control
Federal Reserve Bank of Dallas President Richard Fisher said Thursday 2 November that keeping inflation in check is the central bank's primary goal.
Norges Bank Inflation Report, November 2006
Norges Bank published its Third Inflation Report for November 2006 on Wednesday 1 November. Even after several years of robust growth in the domestic and global economy, underlying inflation remains low.
Meirelles says Brazil must be tough on inflation
Brazil's central bank president Henrique Meirelles said in a newspaper interview on Wednesday 1 November that Brazil's constant vigilance against inflation in recent years was a key factor in helping President Luiz Inacio Lula da Silva get re-elected.
Turkey's Yilmaz says inflation target not changing
Durmus Yilmaz, head of the Central Bank of Turkey, told a press conference at the presentation of its 2006 inflation report Tuesday 31 October that changes to Turkey's inflation target could hurt the credibility of the central bank.
Buba's Weber on central bank independence
In the speech 'The independence of the central bank and inflation - the Bundesbank example' given on 26 October Axel Weber of the Bundesbank said the most important aspect of central bank independence in the euro area is that the central banks of the…
NY Fed's Geithner on global economic integration
In the speech 'Global economic and financial integration: Some implications for central banking' given on 26 October Timothy Geithner of the Federal Reserve Bank of New York said the central bank must be committed to containing inflation in a world made…
Central banks facing effects of money glut
According to this article published Monday 30 October by Bloomberg News, central bankers may have new asset bubbles and inflation risks on their hands without further tightening.
Gonzalez-Paramo on Europe's monetary union
In the speech 'Europe's monetary union in practice' given on 27 October Jose Manuel Gonzalez-Paramo of the ECB said monetary policy cannot offset short-term changes in inflation from shocks to the economy such as changes in oil prices.
Brazil's COPOM committee says inflation 'benign'
Brazil's central bank said in minutes from its last COPOM meeting released Thursday 26 October that inflation remains under control, paving the way for more interest rate reductions.
Nigeria's Soludo 'pressured' on foreign reserves
The governor of the Central Bank of Nigeria, Prof. Charles Soludo, has said he is under pressure from politicians to use the central bank's foreign reserves.
BoE's Bean on globalisation and inflation
In the speech 'Globalisation and inflation' given on 24 October Charles Bean of the Bank of England said downplayed the impact on inflation from lower oil prices and warned that policy-makers have to be extra careful not to allow above-target inflation…
Buba's Weber warns inflation fall is temporary
Bundesbank President Axel Weber said the current decline in inflation rate is temporary and does not necessarily signal a long-term easing of inflationary risks, according to an interview with Tagesspiegel newspaper published Wednesday 25 October.
Gono: Zimbabwe losing inflation battle
Reserve Bank of Zimbabwe governor Gideon Gono said in an interview published Monday 23 October there were several factors that were outside the central bank's control, which made it difficult to control inflation.
ECB's Wellink says rates still 'very low'
European Central Bank council member Nout Wellink said in an interview published Monday 23 October interest rates in the euro region are ``very low'' and the speed of economic growth could risk fueling inflation.
Nobel winner Phelps sees Fed transparency risk
Edmund Phelps, awarded the Nobel Prize for economics last week, told Bloomberg in an interview published Wednesday 18 October that Federal Reserve policy makers must make sure that they are no so open with the public that their ability to make decisions…
Parra says Venezuelan inflation may exceed target
The president of Venezuela's central bank, Gaston Parra, has said inflation is likely to end the year about 4 percentage points above the government's target range of 10 percent to 12 percent.
Canadian inflation targets need debate
Canadians need to debate the Bank of Canada's inflation-targeting program, according to an e-brief released Tuesday 17 October by the C.D. Howe Institute, if they wish to set the stage for future improvements.
BoE's Lomax does not see economic boom coming
Bank of England deputy governor Rachel Lomax said in an interview published Thursday 19 October that recent increases in UK house prices are not a sign that the UK is set for another boom in the economy.
ECB 'attentive' to inflation risk- Gonzalez-Paramo
ECB board member Jose Manuel Gonzalez-Paramo refused to contradict market expectations of another eurozone rate hike in December, Expansion reported on Thursday 19 October.
Chicago Fed's Moskow on U.S. economic outlook
In the speech 'U.S. economic outlook' given on 12 October Michael Moskow of the Federal Reserve Bank of Chicago said policy makers may need more rate increases to lower inflation.