Interest rates
MPC minutes: Egypt
The Central Bank of Egypt's Monetary Policy Committee decided to keep rates unchanged at 11.5% owing to high inflation, the minutes of the meeting on 25 December explained.
India's central bank cuts again
The Reserve Bank of India cut rates by a percentage point for the second time in less than a month and eased deposit requirements for commercial banks in a bid to limit the impact of the financial crisis.
Polish policymaker flags half-point cut
Marian Noga, often portrayed as a hawk on the National Bank of Poland's ten-member rate-setting panel, said rates could be lowered by half a percentage point at the next meeting.
Co-movements highlight policy stance
Low-frequency co-movements between inflation and money growth, and short-term interest rates and money growth shed light on a central bank's monetary policy stance, states a paper from the Bank of England.
How to unblock the credit markets
Cutting interest rates is increasingly ineffective. Central banks need to create market-making windows, argues Ronald McKinnon
Forum: Tackling asset-price bubbles
Central Banking asked a select panel of former central bankers and advisors if the current crisis calls for a reevaluation of the policy response to asset prices
Pakistan lifts rates to stem crisis
The State Bank of Pakistan raised interest rates by 2% in an attempt to control inflation, which has spiralled to 25%.
Spain's Ordonez - monetary policy to blame
Miguel Fernandez Ordonez, the governor of the Bank of Spain, has blamed central banks' reluctance to raise rates in the wake of the dotcom crash as the principal cause of the current crisis.
BoE's Besley: rate cut won't save the day
A cut in bank rate, on its own, is not a magic bullet, said Timothy Besley, a member of the Bank of England's Monetary Policy Committee.
Trichet hints at rate cut
Jean-Claude Trichet, the president of the European Central Bank (ECB), on Monday signalled the Governing Council would cut interest rates at its next meeting on 6 November.
New Zealand chops a point off rates
The Reserve Bank of New Zealand slashed its benchmark rate by a full percentage point on Thursday, citing concerns over global growth.
Riksbank cuts to counter higher borrowing costs
The Riksbank cut rates by half a point on Thursday, and pledged to loosen further, to temper tighter credit conditions in Sweden.
Fed's Fisher still warning on inflation
Richard Fisher, the president of the Dallas Federal Reserve who is considered the Federal Open Market Committee's (FOMC) most hawkish member, has signalled that he would still not back a rate cut.
Global factors have greater impact on EM inflows
The significance of global factors on the volatility of capital flows to emerging countries have increased in recent years relative to country-specific factors, a new paper from the Bank of Spain finds.
Peru hikes for 4th-straight month, hints more to c
The Central Bank of Peru on Thursday raised its key rate for the seventh time in 12 months, warning that it would continue to use policy to tame inflation that is now more than triple the central bank's target.
Does the ECB follow the Fed?
New research from Deutsche Bank looks at how closely the European Central Bank's (ECB) monetary policy follows that of the Federal Reserve.
Brazil hikes but hints tightening may moderate
The Central Bank of Brazil raised its key rate by 75 basis points for the second-straight vote on Wednesday, but looks likely to back smaller hikes in the coming months.
Central Bank of Honduras - Annual Report 2007
The Central Bank of Honduras raised rates four times last year to combat a surge in inflation, the institution's latest Annual Report states.
Israel split on rate-hike vote
The Bank of Israel's rate-setting board was split on whether to lift rates in August.
Canada holds, says policy appropriately loose
The Bank of Canada on Wednesday kept its key rate at 3% for the second straight vote, deeming rates "appropriately accommodative" given the risks to growth.
Australia cuts on signs of slower growth ahead
The Reserve Bank of Australia lowered its key rate from a 12-year high on evidence that earlier hikes have succeeded in subduing demand.
Chile's De Gregorio hints at further hikes
Jose de Gregorio, the president of the Central Bank of Chile, warned that its key rate, now at a ten-year high, is likely to become steeper still.
Low rates will soften slump: Japan's Shirakawa
Low rates and less exposure to subprime debt mean Japan is likely to escape a deep downturn, Masaaki Shirakawa, the governor of the country's central bank, has said.
US rates and dollar influence commodity prices
Shocks to US real interest rates and the dollar exchange rate lead to fluctuations in commodity prices, new research from Norges Bank indicates.