Interest rates
RBA's Stevens on risk and the macroeconomy
In the speech 'Risk and the macroeconomy' given on 27 May Glenn Stevens of the Reserve Bank of Australia said interest rates around the world can't stay low and steady ``permanently'' and central banks will continue to control inflation.
ECB's Wellink says ECB should raise rates
European Central Bank council member Nout Wellink said in an interview that interest rates need to be increased because of rising inflation expectations.
Fukui says zero rate policy depends on economy
Bank of Japan governor Toshihiko Fukui said in parliamentary testimony on Tuesday 30 May that ending the central bank's zero interest rate policy depends on economic growth and inflation.
Central bankers eye Norway's clarity on rates
According to this article published by the Financial Times on Friday 26 May, Norges Bank's "subversive" transparency is attracting a great deal of attention in central banking circles.
PBOC's Tang says China may not tighten further
China may not need to tighten its macro-economic policy further in the near future, Tang Xu, the director of the People's Bank of China's research bureau, said in an interview published in the official Shanghai Securities News.
Bank of Canada raises rates
The Bank of Canada announced Wednesday 24 May that it is raising its target for the overnight rate by one-quarter of one percentage point to 4 1/4 per cent. The move had been widely expected.
BOJ member sees reserve cut problem
According to minutes of the Bank of Japan's April 10-11 board meeting, published Wednesday 24 May, a policy maker said a rapid reduction in reserves by the central bank may spur speculation of an interest-rate increase from near zero.
Hoenig warns on rate overshoot - report
The Federal Reserve must guard against raising interest rates too high, Kansas City Federal Reserve President Tom Hoenig said Friday 19 May in an interview with the Wall Street Journal's Greg Ip.
Mersch says ECB will have to lift rates further
European Central Bank Governing Council member Yves Mersch said in an interview that eurozone interest rates will need to keep rising because of increased risks to price stability but that there was no fixed schedule.
BOJ's Fukui sees rates rising slowly - report
The Bank of Japan will raise interest rates gradually to keep inflation under control while also giving the economy time to recover, the Nihon Keizai Shimbun quoted BOJ governor Toshihiko Fukui as saying in an interview published Tuesday 23 May.
BoE's Nickell sees UK inflation checked
Spare capacity in the UK economy will help lower inflationary pressures, and will keep inflation below the Bank of England's target, according to outgoing Bank of England Monetary Policy Committee member, Steve Nickell.
Rato says more Fed hikes may be needed
International Monetary Fund chief Rodrigo Rato said on Monday 22 May that the Federal Reserve may need to continue raising interest rates depending upon how US economic conditions evolve.
Bank of England's next move should be a rate cut
The Bank of England's Monetary Policy Committee would be making a mistake if it raises UK interest rates, according to this article published Wednesday 17 May.
Launch of BoE's new framework
The Bank of England launched its new framework for the implementation of monetary policy to modernise sterling money markets on Thursday 18 May.
Minutes show BoE split 3 ways on rates
The Bank of England's Monetary Policy Committee was split three ways on this month's decision to keep interest rates at 4.5 percent, minutes released on Wednesday 17 May showed.
Comment: Bank of Japan update
The Bank of Japan's monetary policy committee meets this week with an interest rate decision expected on Friday. With any ideas of an imminent rate hike all but ruled out, the emerging consensus is that the shift could come in July.
BoJ's Fukui on the outlook for Japan's economy
In the speech 'The outlook for Japan's economy and the conduct of monetary policy' given on 15 May Toshihiko Fukui of the Bank of Japan said completing the process of reducing excess funds in the banking system and raising short-term interest rates are…
No set course for rates says ECB's Noyer
Bank of France governor Christian Noyer said on Tuesday 16 May that the European Central Bank has not decided on a predetermined direction for eurozone interest rates and will consider the economic data.
How bold a move from the ECB?
According to this article published Friday 12 May, a rate increase at the European Central Bank's upcoming meeting is almost certain, with estimates ranging between 25 and 50 basis points.
Comment: Inflation expectations
Ever since Milton Friedman's famous analysis of the "leads and lags" between interest rate changes and price- and output movements in 1961, the need for "forward-looking" monetary policy has been universally accepted.
BoE's new money market framework
The Bank of England published on Monday 15 May the lists of banks and building societies participating at the launch of its new framework for implementing the Monetary Policy Committee's interest rate decisions.
RBI's Reddy on global imbalances
In the speech 'Global imbalances - An Indian perspective' given on 11 May Dr.Y.V.Reddy of the Reserve Bank of India said any large adjustments in major currencies and global interest rates would have a significant impact on the economy.
Fed raises rates to 5%
The Federal Open Market Committee decided Wednesday 10 May to raise its target for the federal funds rate by 25 basis points to 5 percent. In its statement the FOMC said "some further policy firming may yet be needed."
Swedish Riksbank's board unanimous on decision
The minutes of the Swedish Riksbank's monetary policy meeting on 27 April showed it was unanimous in its decision to leave the repo rate unchanged at 2%.