Monetary policy
Communication of monetary policy took back seat in financial crisis, researchers find
ECB press conferences transmitted non-monetary information in 65% of cases from 1990 to 2017, researchers find
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
Riksbank’s Jansson says he favours higher inflation target
Swedish deputy governor reflects on monetary policy options to deal with next crisis
Fed weighs future policy transmission framework
Implementing technical adjustments might be necessary, Powell says
PBoC’s policy communication could improve - IMF paper
Central bank’s communications should be more timely and accessible, researchers say
Markets may have misread Powell speech, analysts say
Trump intensifies criticism, but Fed likely to continue raising rates
No-deal Brexit could hit UK harder than global financial crisis, BoE says
Latest analysis from the UK central bank says growth could plummet 8% in the event of a no deal
Fed vice-chair calls for gradual normalisation
Inflation expectations may be lower than 2% target, says the Fed’s vice-chair
Incoming Mexican president nominates close adviser as deputy governor
Left-wing economist has publicly defended central bank independence
Janet Yellen backs form of price-level targeting for Fed
Former chair says current system risks downward spiral of long-term rates
US inflation likely to fall below target – San Francisco Fed
Factors unrelated to economic cycle have increased their contribution to price increases in 2018
Podcast: Post-crisis monetary policy
Many things behave like money in the modern economy and central banks have not yet figured out how to control them all, says Andrew Metrick
Bank of Israel launches surprise rate hike
Interim governor oversees first rate hike since 2011
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
Podcast: Crisis lessons
Central banks may have learned the lessons of the crisis, but are they fully on top of the risks?
Bank of Canada to weigh up alternatives to inflation targeting
Central bank will hold “full horse race” between nominal GDP targeting and other alternatives, Wilkins says
Advanced economies suffer greater spillovers – BIS research
Study examines extent to which various central banks cause and suffer policy spillovers
Weidmann calls for dropping QE tools in normal conditions
Long-term ultra-loose policy may have shifted natural rate of unemployment – Bundesbank head
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
Fed to review monetary policy framework
Reassessment of the framework has been long sought-after among some Fed officials
Oxford academic argues Milton Friedman is misunderstood
James Forder says Friedman had a bigger impact on neoclassical economics than on monetarism
IMF concerned over Iceland’s inflation metrics
Inflation excluding housing near 60-year low for 2017, IMF reports