Interest rates
Australian inflation hits seven-year high
Australian inflation soared to its highest level since June 2001, raising expectations that the country's Reserve Bank will be forced to hike rates again next month.
Canada cuts rates half a point
The Bank of Canada lowered rates to 3% on Tuesday, a move in line with market expectations.
Ukraine raises rate 200 basis points on price fear
The National Bank of Ukraine hiked its discount rate from 10% to 12% on Monday in a bid to temper inflation.
BoE must remain focused on inflation
Monetary policy in the UK ought to remain focused on achieving price stability as defined by the inflation target, Tim Besley, a member of the Bank of England's rate-setting committee, has said.
Mexico holds rates at 7.5%
The Bank of Mexico kept its benchmark one-day interbank rate at 7.5% for the sixth-straight month despite expectations that the US slowdown would impact Mexican growth.
Turkey holds rates, signals tightening
The Central Bank of Turkey held rates for the second-straight month on Thursday but indicated that it was more likely to raise, than reduce, borrowing costs in May.
Buba's Weber paves way for rate hike
Axel Weber, the president of the Bundesbank, has said that the European Central Bank (ECB) must "act with determination" if the recent rise in inflation begins to impact wage settlements.
Fed dissenter warns against "inflation remedy"
Richard Fisher, the president of the Dallas Federal Reserve and a voting member of the Federal Open Market Committee (FOMC), has said that he remains strongly reluctant to cut rates.
Chief economist underlines BoE's "tricky" task
The juxtaposition of the recent shocks to both inflation and growth makes the task of the Bank of England's Monetary Policy Committee particularly tricky, Charlie Bean, the Bank's chief economist, noted.
Indian inflation "unacceptably high": Reddy
Y.V. Reddy, the governor of the Reserve Bank of India, has said that the institution is ready to act on inflation, which hit a fresh three-year high at the end of March.
Little demand for BoE cash
Bids for £15 billion-worth ($29.4 billion) of three-month loans from the Bank of England only just exceeded the amount on offer in spite of strong tensions in sterling interbank markets.
Carney comments indicate Canadian rates to fall
Expectations of further rate cuts in Canada rose on the back of comments made by Mark Carney, the governor of the central bank.
China's Zhou hints at further hikes
Zhou Xiaochuan, the head of the People's Bank of China, signalled that the central bank was set to make its seventh successive rate hike.
Fiji central bank doubles profit
The Reserve Bank of Fiji made a profit of over F$20m ($13.4m) last year, almost double the amount made in 2006.
Australia hints at cuts later in 2008
Though the Reserve Bank of Australia opted to leave rates at a 12-year high of 7.25% last month, minutes published on Tuesday signalled that it could make cuts later this year.
Factory-gate inflation rise compounds BoE's woe
Producer prices in the UK leapt to 6.2% for the year to March, the highest rate since 1991.
Policy stance remains appropriate: BoJ minutes
Japanese policymakers remain keen to raise rates in spite of a slowdown in the world's second-largest economy, minutes of the March Monetary Policy Council meeting reveal.
Old Lady lowers rates to 5%
The Bank of England's Monetary Policy Committee (MPC) cut rates by a quarter point to 5% on Thursday.
Thailand leaves rates on hold
The Bank of Thailand has kept rates at 3.25% for the sixth straight vote.
Watanagase upbeat on Thai economy
Tarisa Watanagase, the governor of the Bank of Thailand, says the strong performance of the country's economy "under significant downside risks" is testament to its resilience.
South African inflation rockets to 9.4%
Soaring food and transport costs prompted South Africa's inflation rate to leap by more than half a percentage point in February.
Polish rate-setter hints at further hikes
A member of the National Bank of Poland's rate-setting board said he expected rates to surpass 6% following the decision to raise rates on Wednesday 26 March.
Romania raises rates to 9.5%
The National Bank of Romania hiked rates by half a percentage point for the third straight month as inflation hit 8%.
Czech challenges in monetary policy
A new paper published by the International Monetary Fund concludes that Czech National Bank will have to raise rates if the proposed reduction of the inflation target in 2010 is not fully incorporated into public-sector behaviour and inflation is above…