Monetary policy
Paraguay continues slower tightening as inflation rebounds
MPC orders second 25bp hike, after 450bp in increases in late 2021
Half of fintech benchmarks respondents use AI/ML tools
Richer nations more likely to use artificial intelligence
Riksbank minutes confirm board division on normalisation
Three out of six board members voted to accelerate end of net asset purchases
Bank of Jamaica launches ‘stronger actions’ against inflation
Central bank accelerates monetary tightening as inflation nears 10%
Bank of Israel set to increase interest rates soon
Central bank points out inflation expectations have increased
Diego Labat on policy normalisation, capital flows and tech challenges
The Central Bank of Uruguay governor speaks with Christopher Jeffery and Ben Margulies about governance, financialisation, flexible rates versus capital controls, payment upgrades and CBDCs
Rwanda raises benchmark rate 50bp
MPC statement warns of expected spike in inflation in 2022
Uruguay continues programme of interest rate hikes
Central bank announced plans for two more increases at January meeting
Book notes: Imagining the Fed, by Nicolas Thompson
A worthwhile perspective on the evolution of such an important institution, but a shame that it isn’t a longer and broader examination
Turkish central bank holds main rate despite high inflation
Committee says it expects inflation trend to reverse soon, as headline figure nears 50%
Namibia marks first rate hike in six years
Central bank acts to “safeguard” link to South African rand
IMF report supports Colombia’s policy tightening
Colombia vulnerable to external shocks and needs higher reserves, IMF staff say
Brazil’s Campos Neto: markets show less fear of Lula win
Presidential candidate reported to have embraced central bank independence
PBoC keeps key rate on hold
MLF rate stays at 2.85%, as investors turn attention to second rate move next week
Change at the Bundesbank: from Weidmann to Nagel?
Joachim Nagel’s appointment highlights the importance of politics at the apex of German central banking. Veteran central bank watcher Klaus C Engelen looks at the media reaction and asks if Buba/ECB discord is set to continue
US core inflation much higher than eurozone’s, says ECB
Central bank points out differences in inflation dynamics across the Atlantic
Chilean governor rejects calls for emergency meeting
January inflation spike means “higher rates than we had contemplated”, says Costa
Payments efficiency is driving force behind many CBDCs
Inclusion, financial stability and monetary policy are also leading factors
Russian central bank raises rates and warns on inflation
Nabiullina says labour market poses “serious challenge” and obliquely mentions risk of war
Bank of Mexico continues tightening under new governor
President’s nominee Victoria Rodríguez supports 50bp rate hike in her first policy meeting
Peruvian board raises rate for seventh consecutive meeting
BCRP board hikes brings benchmark rate to 3.5%, despite fall in inflation rate
Romanian central bank accelerates policy tightening
Board raises rates by 50bp and warns liberalised energy prices are likely to boost inflation further
Iceland raises rates again as inflation reaches highest level since 2012
MPC accelerates current cycle as experts point to problems in housing market
Boston Fed appoints Susan Collins as new president
University of Michigan economist to become first Black woman to lead a regional Fed