Interest rates
BoE’s Cunliffe makes case for ‘stodgy’ policy
Monetary policymakers should not act too fast when uncertainty is high, deputy governor says
IMF aims at major reforms of Malawi’s central bank
Aid aims to help central bank move to interest-rate-based framework and inflation targeting
Bank of Canada hikes rate on solid growth
Tariffs on steel and aluminium expected to have modest effect on growth and inflation
High reserves and low yields force central banks to focus on returns – survey
Equities become more important in reserve portfolios, accounting for 90% of returns in 2017
Tunisia should focus monetary policy on tackling inflation – IMF
Fund completes third review of extended fund facility with North African country
Financial literacy of Italians below G20 average – Bank of Italy
Less than half of survey respondents are able to calculate a simple interest rate
‘Low for long’ endangers stability, warns BIS committee
Some banks could face solvency issues if faced with a “snapback”, warns Philip Lowe
Higher capital ratios trade growth for stability – Philadelphia Fed paper
Better capitalised banks reduce lending rates, researcher says
Erdoğan set to wield greater power over Turkish economic policy
President has said central bank’s rate hikes have helped boost inflation
Danish governor reflects on central bank’s legacy at 200th anniversary
Fixed exchange rate adopted in 1982 was a turning point, Rohde says
Praet gives upbeat assessment of eurozone outlook
Strength of the eurozone economy gives “grounds to be confident” on inflation, chief economist says
Riksbank leaves rates unchanged at -0.5%
Growing dissent as two of six board members advocate tighter policy
Low rates contribute to higher deposits in Denmark
Bank deposits amount to 60% and household deposits 45% of GDP
Bank of Canada to incorporate US tariffs in economic projections
Next monetary policy meeting could be affected by protectionism
BoE should not ‘dally’ with next monetary policy move – McCafferty
In his last scheduled speech, the MPC member says a delay could force the central bank into a more “aggressive tightening”
BIS paper outlines lower-bound risk model
Model estimates probability of hitting ELB, helping to guide policy
Bank of Mexico hikes rates amid fears of rising inflation risks
Uncertainty over Nafta negotiations clouds economic outlook, experts say
Swiss central bank keeps policy rates negative
SNB says it will intervene in foreign exchange markets “as necessary”
BoE’s chief economist joins minority in calling for rate rise
Monetary policy committee lowers threshold for reducing debt holdings
IMF says independent central bank is key to Argentine recovery
Argentine authorities agree to limit forex market interventions
Norges Bank says rate hike likely in September
Key policy remains at 0.5% as inflation rises below target since February 2017
Fed policy’s global effects differ in booms and busts – BIS paper
Monetary policy appears to impact global bank lending differently depending on the “regime”
Leading governors analyse evolving inflation-employment relationship
Powell, Draghi, Lowe and Kuroda assess causes keeping wage growth low across the world
Report proposes mandating BoE to target productivity growth
UK opposition says BoE should not have to rely on interest rates to lower inflation; 3% productivity target would help push prices down, report says