Monetary policy
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
Sri Lankan central bank tackles ‘large and persistent’ liquidity deficit
Central bank adjusts policy to support banks, but weak economy and falling rupee limit options
Podcast series: central banking in the post-crisis world
In a new series, Central Banking speaks to Yale’s Andrew Metrick about how the discipline has changed over the past decade
The euro: a troubled third decade?
Italy’s pact-busting budget highlights ongoing eurozone frailties
US academic likely to be next Bank of Israel governor
Amir Yaron likely to be appointed by Israeli cabinet but observer raises doubts about independence
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
Fed holds rates steady
FOMC points to slowdown in pace of fixed investment
Costa Rican central bank hikes rates over inflation fears
Government faces opposition to fiscal reforms as currency slides
Japan does not need more large-scale stimulus to avoid deflation – Kuroda
Below-target inflation still requires ultra-low interest rates and asset purchases
US unemployment remains at lowest level since 1969
Hourly wage growth is at highest rate since 2009, but year-on-year inflation falls to 2%
Bank of Canada publishes 30 years of staff forecasts
Online database “further step” in transparency efforts, deputy governor Wilkins says
Brazil holds rates on higher international volatility
Policy normalisation in advanced economies and trade tensions are main risks to recovery
CBRT ups inflation forecast 10 percentage points
Leap in forecast reflects dramatic overshooting due to lira weakness
Dollar strength drives yuan to lowest level in a decade
Higher US rates are narrowing interest rate differential as Chinese growth weakens
Bank of Japan on hold as inflation slips
The central bank keeps negative rates despite warning about the policy’s risks
US inflation slowdown raises policy challenges
Inflation has seen a lull, but several factors indicate it could rebound
IMF’s Adrian calls for forecasting upgrade
Policy forecasts should do a better job of capturing endogenous risk, economist says
US policy tightening heightens chance of crisis for close partners, paper finds
Countries should diversify their global trade exposure, Federal Reserve economists say
Policy communication main challenge for South American central banks
In regional meeting, delegates discuss importance of payments innovation and security
Central Bank of Azerbaijan cuts main rate as inflation slides
Inflation has run well below target in 2018, prompting the fourth rate cut of 2018
Bank of Jamaica seeks comms boost from first social media foray
Central bank joins Twitter to aid communication around economic reforms