Interest rates
Chilean central bank continues sharp policy tightening
Second consecutive 125 basis point increase takes policy rate to 4%
Hungary continues campaign of rate hikes
MNB ends asset purchase programme, as inflation rises above 7%
Inflation challenges ECB’s normalisation plans
Central bank expected to confirm end of PEPP purchases on December 16
Armenia raises policy rate 50 basis points
Central bank tightens grip on credit with seventh rate hike in 12 months
Georgia central bank orders 50bp hike
Central bank raises policy rate to 10.5% as inflation continues rising
Inflation to end year at 60%, Zimbabwe’s central bank says
Unofficial figures have annual inflation above 100%, but governor says monetary policy will keep prices in check
BEAC raises interest rates
Central African states’ shared central bank imposes first hike in three years
Tackling surging inflation
Central banks around the world are grappling with rapid price rises, with some taking very different routes to one another
Eurozone officials call for major fiscal changes
Stability and Growth Pact is hampering policy, speakers at ECB conference argue
Mexican senate approves new governor
Victoria Rodriguez will become first female governor of the Bank of Mexico
BoE opens sharia-compliant facility after six years of work
‘Wakalah’ liquidity facility designed to address disadvantage faced by Islamic banks
Monetary policy’s potency may wane over time – BIS paper
Low rates might cause aggregate demand to become less sensitive to monetary stimulus, authors say
How Turkey’s president created chaos in economic policy-making
Observers allege presidential domination of the central bank, unauthorised FX transactions and untrustworthy statistics
Has the SNB accepted a stronger franc?
Swiss central bank reduces FX interventions as currency breaks 1.05 ceiling against the euro
Hungary central bank widens rate corridor to create ‘room for manoeuvre’
“Asymmetrical” rate corridor designed to allow central bank to tighten policy quickly
Kenya’s central bank highlights growth rebound in 2021
Inflation has fallen to 6.5% following government stabilisation efforts to stem fuel prices
German inflation reaches 5.2% in November
ECB’s Schnabel says inflation will peak this month and will decline towards 2% target in 2022
Colombian central bank leaves inflation target unchanged
Rise in inflation is likely to prove transitory, board says, as it sticks to 2% to 4% range
Book notes: Monetary policy in times of crisis, by Massimo Rostagno et al
A mass of intellectual effort gives rare insights into the ECB’s inner working, but fails to fully address questions about who really controls inflation
Brazilian inflation may be stabilising – official data
Mid-November inflation reading was unchanged from October as rate of food price increases slows
Zambia raises rates for the first time since 2019
Year-on-year inflation falls but remains well above central bank’s target level
Mexican president nominates first female governor
Victoria Rodriguez has been undersecretary of finance in the current administration
Swedish central bank announces end to net asset purchases
Sveriges Riksbank forecasts it will not raise rates until 2024, saying inflation rise is temporary
RBNZ continues tightening as inflation approaches 5%
Rising commodity and transport costs see central bank overshoot 2% inflation target