Interest rates
Bahrain launches new repo instrument to foster interbank lending
Move comes after IMF directors back government’s attempt to diversify oil-based economy
Brazil’s inflation fell below target in November
Decline comes despite recent fall in currency’s value and turmoil over fuel prices
Costa Rican congress passes central bank-backed tax reforms
Reforms were ‘not only necessary, but urgent’, central bank says
Turkish inflation falls for first time since March
Currency has begun recovery after reaching record lows against dollar in August
Argentina removes interest rate floor
Peso stabilised since central bank introduced floating forex regime in September
Yuan swap deal with Argentina boosts China’s presence in Latin America
Agreement expands existing line by 60 billion yuan to 130 billion
Bank of Canada points to trade tensions as it leaves rates unchanged
Above-target inflation in October is expected to fall in coming months
Indian economy still strong despite financial troubles – RBI
Rapid credit growth continues despite need for ongoing liquidity support for non-banks
Fed weighs future policy transmission framework
Implementing technical adjustments might be necessary, Powell says
Bank of England to overhaul consumer interest rate statistics
Changes are designed to ensure the statistics reflect consumers’ experiences “as closely as possible”
Markets may have misread Powell speech, analysts say
Trump intensifies criticism, but Fed likely to continue raising rates
Fed vice-chair calls for gradual normalisation
Inflation expectations may be lower than 2% target, says the Fed’s vice-chair
US inflation likely to fall below target – San Francisco Fed
Factors unrelated to economic cycle have increased their contribution to price increases in 2018
Bank of Israel launches surprise rate hike
Interim governor oversees first rate hike since 2011
Singapore’s financial system resilient amid increased global risks – MAS
Despite headwinds the financial system can withstand ‘severe shocks’, the central bank says
Ageing population could harm policy transmission – BoE’s Saunders
Interest rates’ “cashflow channel” may weaken, says MPC member
QE has persistent impact on foreign exchange, researchers find
European Central Bank QE caused euro to fall 12% against dollar - Dallas Fed paper
Advanced economies suffer greater spillovers – BIS research
Study examines extent to which various central banks cause and suffer policy spillovers
Political angst affecting the exchange rate, says Bank of Mexico
Central bank hikes rates to 8% as political decisions begin to take a toll on financial market
BoJ’s monetary easing criticised as balance sheet passes 100% of GDP
Central bank’s QQE has had limited impact but a wind-down poses significant risks, Sayuri Shirai warns
IMF concerned over Iceland’s inflation metrics
Inflation excluding housing near 60-year low for 2017, IMF reports
Monetary easing can harm growth in some open economies, IMF researchers suggest
Leverage constraints reduce domestic credit in monetary easing cycle, authors say
New Zealand central bank keeps rates unchanged
RBNZ says policy must remain “supportive” as inflation remains below target mid-point
Housing bottlenecks could boost eurozone inflation – ECB paper says
Labour shortage, scarcity of building land, and administrative hurdles could limit supply