Monetary policy
Most eurozone countries pay high price for membership – study
Central Bank of Iceland research finds smaller states would be better off setting rates independently
Interpreting the PBoC’s slew of policy reforms
How are new stimulus measures, bond market tactics, deflationary pressures and monetary policy framework changes affecting central banking in China?
Schnabel outlines alternative scenarios for eurozone inflation
ECB board member says uncertainty looms over trajectory for prices
All eyes on the Fed
The US central bank faces a challenging path to fulfil its mandated goals
Bank of Israel holds key interest rate
Central bank says focus is on stabilising markets as war in Gaza continues
Hungary holds rates after June ‘turning point’
Finance minister says central bank was operating in “cyclops mode”
Banknotes: July to September 2024
A round-up of news and salient issues that have affected central bankers in the past three months
PBoC stress-tests financial institutions’ bond holdings
Bank steps up efforts to tame market rally while keeping key medium-term rate unchanged
Campos Neto on inflation targeting, independence and the future of financial intermediation
The Brazilian governor speaks with Christopher Jeffery about tackling inflation, the need for financial autonomy, and redefining the financial landscape with open finance, programmable Pix, deposit tokenisation and sound cross-border payments governance
Bailey highlights key challenges to central banking orthodoxy
BoE governor says focus on financial stability remains key during “Covid-Ukraine era”
Fed likely to cut rates in September – FOMC minutes
Participants at July meeting said they would need greater confidence inflation was falling
Fed chair says time has come to adjust policy
Powell warns of ‘unmistakable’ labour market cooling in speech at Jackson Hole summit
Bangladesh Bank to start raising rates
Governor says further tightening will be needed as he seeks additional funds from IMF
Bank of Korea holds policy rate
MPC members open to cutting rates in next three months, despite concerns over rising home prices
Lending spreads may dampen monetary policy – research
Rate hikes appear to have been muffled and cuts might be too, say Kansas City Fed authors
Public sector pay rises ‘will not drive UK inflation’
Former BoE deputy governor says wage agreements’ impact on private sector prices is likely to be limited
Bank Indonesia keeps rates unchanged
Central bank sees room for cuts in fourth quarter, governor says
Bank of Thailand holds rates at 2.5%
Change of government poses uncertainty over major cash handout plan
Turkey keeps interest rates unchanged
Central bank says people’s inflation expectations are more pessimistic than its own
Sweden’s central bank cuts rates by 25bp
Sveriges Riksbank says country is in “mild recession"
BoC paper offers monetary policy ‘decision synthesis’
Authors say model combination method helps capture complexities of decision-making
Philippines cuts rates by 25bp
Inflation moving towards target, central bank says
Trump administration would pursue ‘course correction’ at Fed
Former Fed adviser says ex-president would try to reform an institution he already sees as politicised
Namibia administers first rate cut in four years
Move comes as inflation slows and foreign exchange buffers increase