Inflation
Fed's Kroszner on conquest of worldwide inflation
In the speech 'The conquest of worldwide inflation: Currency competition and its implications for interest rates and the yield curve' given on 16 November Randall Kroszner of the Federal Reserve said better performance by central banks around the world…
Fed minutes show concern on curbing inflation
Keeping inflation under control remains the top concern for Federal Reserve policymakers, minutes published Wednesday 15 November showed.
Bernanke seen as unlikely to push inflation target
This article from the Finanical Times, published Wednesday 15 November, says that fallout from the Democrats recent victories could include a slow down in Ben Bernanke's drive to lead the Federal Reserve towards adopting a numerical inflation target.
Bank of England Inflation Report, November 2006
The Bank of England published its November 2006 Inflation Report on 15 November. At a press conference BoE governor Mervyn King highlighted that the central bank's latest forecast of easing inflationary pressures is a 'benign' one.
Riksbank unanimous on rate hike - minutes
The minutes from the Swedish Riksbank's 25 October monetary meeting published Wednesday 15 November show the board was unanimous in its decision to increase the repo rate 0.25 percentage points to 2.75 pct.
Democrats may oppose Bernanke's inflation target
According to this article published Thursday 9 November by Bloomberg, it may become harder for Federal Reserve chairman Ben Bernanke to establish an inflation target now that Democrats have control of the U.S. Congress.
ECB Monthly Bulletin, November 2006
The European Central Bank published its November 2006 Monthly Bulletin on Thursday 9 November. In the report the ECB reiterated that it needs to exercise "strong vigilance" on inflation risks.
Pianalto on monetary policy & the economic outlook
In the speech 'Monetary policy and the economic outlook' given on 6 November Sandra Pianalto of the Federal Reserve Bank of Cleveland warned that another hike in U.S. interest rates might be warranted if inflation failed to fall fast enough to satisfy…
Estonia says euro adoption unlikely before 2010
The Bank of Estonia announced Wednesday 8 November that soaring inflation is likely to set back Estonia's target date for adopting the euro to 2010.
Interview with Richmond Fed's Jeffrey Lacker
In an interview with the Financial Times, published Wednesday 8 November, Richmond Fed president Jeffrey Lacker said the Federal Reserve has failed to communicate its determination to bring down inflation in a forceful enough fashion.
Turkey's Yilmaz says price stability not ensured
In a speech to industrialists Turkey's central bank chief, Durmus Yilmaz, said inflation rates have turned out to be below expectations in October and created an optimistic mood, but cautioned it is not time yet for festivities.
Transmission mechanisms of monetary policy-Armenia
The IMF Working Paper "Transmission mechanisms of monetary policy in Armenia: Evidence from VAR analysis" examines monetary policy transmission in Armenia in light of the authorities' intention to shift to an inflation-targeting regime over the medium…
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.