Monetary policy
People: Sarb deputy governor retires after 10-year term
China appoints vice-finance minister to MPC; senior Bank of Finland official joins IMF executive board.
Canada facing broad-based inflationary pressures, data suggests
Some analysts say immediate rate hikes unlikely despite price rises
Iceland cuts rates on weaker growth forecasts
A reduction in key tourism sector may be worse than previously thought
Riksbank cuts number of monetary policy meetings
Swedish central bank aims to optimise research and forecasting resources
RBNZ keeps rates unchanged but signals future cuts
New Zealand central bank thinks lower rates may be needed due to weak global and local growth
Could the Fed cut short its balance sheet plans?
Fed watchers weigh in on possible balance sheet moves in July meeting
Senior Fed officials weigh in on potential rate cut
Bullard, Brainard, Clarida and Kashkari highlight strengthened case for cuts, while Kaplan warns on financial stability implications
BoJ moves quietly away from negative rate
Bank of Japan reduces number of current account balances charged a negative interest rate in bid to ease pressure on bank profits
Boston Fed’s Rosengren warns about Japanese banks’ loan holdings
Exposure to CLOs now above Common Equity Tier 1 in one of Japan’s largest banks, data shows
Australian central bank may cut rates again – governor
Looser policy may be needed to lower unemployment and boost income, Philip Lowe says
Weidmann accepts OMT as ministers discuss Draghi succession
Bundesbank president withdraws his opposition to OMT programme unveiled by Mario Draghi in 2012
Mozambique slashes rates to 13.25%
Inflation is falling, but IMF warns that after-effects of cyclones could push prices back up
Fed opens door to future rate cut
Policy-makers adopt dovish tone, but choose not to cut yet
Canada not looking to change exchange regime in 2021 review – Schembri
Deputy governor highlights benefits to economy since adopting regime
Draghi becomes latest target of Trump’s ire
Dovish comments at ECB conference draw accusation of manipulation from US president
RBA signals new rate cut ‘more likely than not’
Labour market will be key factor in any future easing of monetary policy
El Salvador appoints new central bank chief
Seasoned civil servant Carlos Federico Paredes appointed by new political outsider president
Bolsonaro intrudes into Brazil’s economic institutions
President forces head of Brazilian Development Bank to resign; central bank denies existence of monetary union plans
CBRT cuts rates for primary dealers
New liquidity facility designed to contribute towards financial market deepening, central bank says
Review calls on IMF to deepen monetary expertise
Independent report says IMF broadly made the right calls on risks around unconventional policy, but shortage of expertise leaves fund behind the curve
BCRA president admits inflation still too high
Outlook requires continued ultra-tight monetary policy, says central bank president
Next Bank of Jamaica governor chosen
Businessman and financier Richard Byles to take over on August 19
Putting modern monetary theory to the test
Sayuri Shirai asks whether MMT might hold the solution to Japan’s stagnation
IMF welcomes Tunisia’s tougher monetary policy
Further rate increases might still be warranted this year, say executive directors