Inflation
BoE's Sentance concerned about inflation
Bank of England Monetary Policy Committee Andrew Sentance said Friday 23 February in an interview with The Times he was concerned that a pick-up in demand could boost inflation.
BoE's Bean on the economic outlook
In the speech 'Economic Outlook' given on 21 February Charles Bean of the Bank of England said upside and downside risks to the inflation outlook are dividing Bank of England policymakers and making it difficult to predict which direction interest rates…
SF Fed's Yellen on the U.S. economy in 2007
In the speech 'The U.S. economy in 2007' given on 21 February Janet Yellen of the Federal Reserve Bank of San Francisco said she still sees upside risks to inflation but that U.S. interest rates were "well positioned" to bring inflation down.
RBA's Stevens on the Australian economy
In a speech to the House of Representatives given on 21 February Glenn Stevens of the RBA said it is more likely that interest rates will rise than fall although the central bank is more comfortable with the outlook for inflation than it was six months…
Minutes show 7-2 split on BoE rate vote
The Bank of England's Monetary Policy Committee voted by a 7-to-2 margin to keep its benchmark rate unchanged at 5.25 pct at its meeting earlier this month, minutes showed Wednesday 21 February.
SNB's Roth says rates not high enough yet
Swiss National Bank (SNB) chairman Jean-Pierre Roth said in an interview published Wednesday 21 February that Switzerland's current interest rate level is still not high enough to guarantee price stability in the medium-term.
Key US Democrat warns on inflation target idea
It would be a "terrible mistake" for the U.S. Federal Reserve to adopt any form of inflation target to guide policy, a senior Democratic lawmaker was quoted as telling the Financial Times on Tuesday 19 February.
Bank of England ready for 'more turbulent times'
The Bank of England said Monday 19 February it will be able to keep inflation under control even if inflation becomes more unpredictable than during the past decade.
Volcker says surging inflation in India worrying
India's surging inflation was a matter of concern but the Reserve Bank's monetary response to the issue was on track, renowned economist Paul Volcker said on Sunday 18 February.
Bank of Canada Review, Winter 06-07
The Bank of Canada published its Review for Winter 2006-2007 on Thursday 15 February. The Review includes the article 'Why monetary policy matters: A Canadian perspective'.
Iraq's central bank to curb inflation
Officials at the Central Bank of Iraq (CBI) said that the bank is considering taking measures to curb inflation which hiked to 70 percent last year on soaring oil prices, Iraq Directory reported Wednesday 14 February.
Weber sees inflation around 2 pct to end-2008
Bundesbank president Axel Weber said in an interview published Thursday 15 February he expects eurozone inflation to be around 2.0 pct between now and the end of 2008.
Bank of England Inflation Report, February 2007
The Bank of England published its February 2007 Inflation Report on 14 February. At a press conference BoE governor Mervyn King highlighted that the outlook for inflation over the next year is "highly uncertain" due to the large cut in gas and…
Federal Reserve's Monetary Policy Report, Feb 2007
The Federal Reserve published its February 2007 Monetary Policy Report to the Congress on Wednesday 14 February. Ben Bernanke told Congress that the US economy should grow modestly this year and he maintained the Fed's forecast that inflation will…
BoJ's Fukui says risks to sustained growth remain
Bank of Japan governor Toshihiko Fukui said Wednesday 14 February he remains cautious about the outlook for sustained growth of the Japanese economy because it is still exposed to various risks.
Bank signals one more rate rise for 2007
The Bank of England implied on Wednesday 14 February that interest rates will be raised one more time in 2007, to 5.5%.
PBOC's Zhou says inflation data being studied
People's Bank of China governor Zhou Xiaochuan told reporters Friday 9 February the central bank is studying inflation data carefully to see if the recent acceleration is due to real inflationary pressures or seasonal factors.
NCA suggests RBZ's Gono skips border and quits
Zimbabwe's National Consultative Assembly (NCA) criticised the monetary policy of the Reserve Bank of Zimbabwe as a total failure in a statement released Thursday 8 February.
Chavez to implement anti-inflation plan
Venezuela's president Hugo Chavez' Government is preparing a plan to fight inflation, to prevent it from exceeding 12 percent this year, according to minister of finance Rodrigo Cabezas.
PBOC closely monitoring inflation pressure
Inflation pressure is building up from rising consumer prices in China and requires the attention of all branches of the People's Bank of China (PBoC), the central bank-backed Financial News reported Wednesday 7 February, citing PBoC vice governor Xiang…
PBOC's Gang says China to step up liquidity fight
A senior official at the People's Bank of China said on Sunday 4 February that China had mopped up much of the excess liquidity derived from massive trade and investment flows but must stay alert to keep money supply and credit in check.
The RBI's Jekyll and Hyde act
This article from The Economic Times, published Monday 5 February, asks why the Reserve Bank of India's latest monetary policy review reads like a thriller but pulls up short at the last minute.
Report says Fed debating 'soft' inflation target
Federal Reserve officials have discussed whether an implicit, or "soft" inflation target might be preferable, the Wall Street Journal reported on Friday 2 February.
BoE's Besley says data 'drip-feed' prompted hike
Bank of England MPC member Timothy Besley said in an interview with the Financial Times published Thursday 1 February he was concerned inflation would not fall as quickly as the bank would like.