Interest rates
Fed wary of inflation, preparing rate increase
According to this article published on Tuesday 4 October, Federal Reserve officials are on track to raise interest rates at their next meeting. Right now they are on the watch for any sign that expectations for future inflation are deteriorating, it says.
Atlanta's Guynn says Fed work not done on rates
Atlanta Federal Reserve President Jack Guynn said in an interview on Monday 3 October that the Federal Reserve's 15-month interest rate hike campaign still has "a way to go" before completion.
IMF's Deppler sees eurozone recovery on horizon
A top IMF official said on Friday 30 September that the potential economic growth rate for the eurozone should rise above 2% in the next few years, but high oil prices could delay the recovery.
Belgium's Quaden says rates not hampering growth
The Belgian National Bank governor said in an interview that the European Central Bank's interest rates remain appropriate.
Eurozone rates appropriate says Weber
ECB governing council member Axel Weber said on Sunday 25 September ECB interest rates were appropriate, despite a rise in German consumer prices.
Fed hikes rates again, but Olson dissents
The FOMC decided on Tuesday 20 September to raise its target for the federal funds rate to 3.75%. In a statement it maintained its 'measured' pace for removing policy accommodation and revealed that Mark Olson had voted to keep rates unchanged.
Confidence in stability keeping rates low- Trichet
Interest rates in the Eurozone are at their lowest level thanks to confidence in price stability inspired by ECB policy, European Central Bank president Jean-Claude Trichet said, in an interview to be published in Le Figaro.
Bank of England's MPC united on rate vote
Minutes from the Bank of England's 7 and 8 September meeting released on Wednesday 21 September showed policy makers voted unanimously to keep interest rates unchanged.
Liebscher says property prices won't influence ECB
European Central Bank Governing Council member and Austrian Central Bank Governor Klaus Liebscher said in an interview that the ECB would not raise interest rates solely as a result of rising real estate prices in some eurozone countries.
Fed will raise rates and indicate more to come
According to an article published on Monday 19 September, the Federal Reserve's FOMC committee will increase interest rates on Tuesday, with financial markets gradually accepting that the effect of Hurricane Katrina won't deter them.
BoE's Lambert downplays UK inflation rise
Writing in the UK newspaper the Sun, Bank of England rate setter Richard Lambert downplayed the sharp recent rise in UK inflation, saying that the central bank does not set rates according to where inflation stands at present.
If the Fed stops pushing, might bond yields rise?
A recent article looks at the potential effect on the bond market if the Federal Reserve doesn't raise interest rates when it meets next week. The bond market could at last give us some of the higher longer- term interest rates that the Fed has been…
BOJ's Fukui: stable prices, low interest rates
Expectations for stable prices are behind the recent global phenomenon of low long-term interest rates, Bank of Japan Governor Toshihiko Fukui said in a speech published on Monday 12 September.
Weber says ECB to weigh Katrina impact
The European Central Bank is watching the economic impact from Hurricane Katrina closely but it is too early to say how it might affect interest rate policy, ECB Governing Council member Axel Weber said in a speech.
SNB's Hildebrand says rate hikes may be needed
Swiss National Bank board member Philipp Hildebrand said it may be necessary to increase interest rates further if it becomes clear that a 'sustainable improvement of economic prospects' is occurring.
Report says Fed rate pause 'not ruled out'
Federal Reserve officials say they are watching to see how financial markets and the economy react to the destruction caused by Hurricane Katrina before deciding on what action to take at their policy-setting meeting on Sept. 20, the Wall Street Journal…
BOK will 'seriously' consider rate hike next month
Bank of Korea governor Park Seung said the central bank may raise its benchmark interest rate as early as next month as it needs to act before a full economic recovery.
U.K. interest rates are heading for a decline
The Bank of England's Monetary Policy Committee will decide on UK interest rates this Thursday. This article published on Wednesday 7 September suggests there will no surprise when the MPC leaves interest rates unchanged at 4.5 per cent, but rates are…
Bank of Canada raises interest rates by 0.25%
The Bank of Canada announced on Wednesday 7 September that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 3/4 per cent.
Fed may raise rates even after Hurricane Katrina
According to this article published on Tuesday 6 September, the outcome of the next Federal Reserve meeting scheduled for two weeks from today, is not a foregone conclusion, for the first time in nearly two years.
Chicago's Moskow on the US economic outlook
In the speech 'U.S. economic outlook' given on 24 August Michael Moskow of the Federal Reserve Bank of Chicago said the United States needs higher interest rates to keep inflation down as the job market tightens and energy prices remain high.
Fed's Kohn on financial markets
In a speech given on 27 August Donald Kohn of the Federal Reserve defended the central bank's practice of signalling interest rate moves, saying less-clear statements may hurt the economy.
ECB's Trichet on monetary policy
In the speech 'Monetary policy and 'credible alertness'' given on 27 August, Jean-Claude Trichet of the ECB defended the ECB's infrequent intervention in interest rates compared to the US Federal Reserve.
Modest pay, one term 'best' for central bankers
A new study says that Europe's central bank chiefs should receive only modest pay and serve just a single term in office to avoid self interest creeping into interest rate decisions. It also found that limited terms and confidential interest rate…