Inflation
ECB holds rates as it lowers inflation expectations
Central bank intends to stop reinvesting maturing assets under PEPP in second half of 2024
BoE holds rates for third straight meeting
“There is still a long way to go,” says Bailey
Norges Bank makes surprise rate hike as inflation rebounds
Governor warns economy is cooling but inflation has risen in past two months
Philippines and Hong Kong hold rates
BSP governor says monetary policy has to remain “sufficiently tight” to bring inflation back to target
SNB lowers inflation expectations as it keeps rates at 1.75%
Swiss central bank adopts a more dovish communication, analysts expect rate cuts early in 2024
Economics Benchmarks 2023 report – tentative steps on AI
The benchmarks show some small steps to increase AI use, and shed light on broader reforms to modelling, governance and more
FOMC holds rates again, ending year at 5.25–5.5%
“Committee is proceeding carefully” as inflation recedes, but slowly, says Powell
Bank of Canada maps path to ‘fourth-generation’ models
Officials plan to create new workhorse model backed by variants focusing on key topics
Argentine government devalues peso and replaces governor
Finance minister announces austerity as IMF welcomes new president’s early moves
Bolivia reserves shortage worsens
Fuel runs short as ex-governor says government “does not want to recognise” crisis
Riksbank’s Bunge warns weak krona boosts inflation
Deputy governor stresses monetary policy is working, but risks persist
BCRA requires prior approval for all FX requests
Virtual freeze on exchange as Pesce and other directors make way for Milei’s picks
Zimbabwe announces name of next central bank governor
Mushayavanhu will take over next year, ending Mangudya’s decade as RBZ head
Sooner or later, Argentina should dollarise
Dollarisation would be straitjacket, says Steve Kamin, but still looks preferable to the other options
RBI continues holding policy rate at 6.5%
Central bank warns food prices pose upside risk to inflation
IMF: Argentina needs ‘a strong and credible central bank’
Central bank caps banks’ FX holdings ahead of Milei inauguration on December 10
Milei confirms Santiago Bausili as BCRA pick
Appeals court recently dismissed conflict-of-interest charges against governor-designate
BCEAO raises rates 25 basis points amid inflation worries
Move is sixth hike in seven quarters, taking policy rate to 3.5%
Bank of Canada holds rates steady
Macklem says it’s clear the stance of policy is restricting inflationary pressures
Inflation forecast errors moderate after surge in 2022
But growth forecast errors are higher in 2023, data shows
Kenya increases policy rate by 200bp to strengthen shilling
Governor says equilibrium rate has been "overshot"
Canada introduces first Charles III coins
Argentina updates 2,000-peso note; ECCB commemorative note honours cricketer; and more
BoJ’s Himino highlights benefits of ending negative rates
Deputy governor says there has been "solid progress" in firms’ price and wage-setting behaviour
Managing reserves amid climate change and home-shoring
Central banks can still make asset allocations with solid climate outcomes, despite the slippage in net-zero timetable, writes Gary Smith