Monetary policy
RBA cites weaker economy in decision to cut policy rate
Reserve Bank of Australia cuts cash rate by 50 basis points; highlights weaker economic growth and lower-than-expected inflation for the move
BoJ’s Morimoto says productivity improvements needed to promote growth
Bank of Japan policy board member highlights the importance of productivity in the Japanese labour market to ensure future economic growth
IMF working paper discusses competitiveness and labour costs
International Monetary Fund working paper examines measures of external competitiveness; uses Slovakia as sample for research
SNB’s Jordan defends exchange rate intervention
Swiss central bank chief Thomas Jordan says minimum exchange rate policy for euro proving effective; adds that despite the 'floor' the Swiss franc remains "overvalued"
ECB cautious of damaged financial integration in Europe
European Central Bank releases downbeat Financial Integration in Europe report; Mario Draghi backs up message that integration work needs to be restarted
Norges Bank promotes two new executive directors
Norwegian central bank announces who will fill the top roles in two of the three new core function departments after June 1
IMF research investigates impact of asset prices on credit growth
IMF working paper examines the impact of asset prices on credit growth; concludes monetary policy should consider the impact of asset price movements
IMF working paper finds dual-mandate central banks cannot meet social optimal level
International Monetary Fund working paper finds central banks that have both a price and financial stability mandate cannot achieve both to the social optimal level
Praet places onus on governments to resolve sovereign debt crisis
ECB executive director and de facto chief economist says it is up to governments to resolve the sovereign debt crisis in the eurozone; says some progress is being made
BoJ’s Nishimura says strengthening growth 'crucial' for Japanese economy
Bank of Japan deputy governor emphasises central bank’s role in achieving growth potential; signals unease at the global economic impacts for future of Japanese economy
IMF warns of 'full-blown panic' eurozone break-up would cause
Latest IMF World Economic Outlook discusses possibility of a break-up of the eurozone; says disorderly exit of one member country would have untold knock-on effects
Riksbank research highlights significance of output gap for policy makers
Swedish central bank working paper explores output gap as a tool for measuring economic activity; concludes that policy makers should focus more on output gap in forming monetary policy
Plosser says more 'can and should be done' to aid Fed transparency
Philadelphia Fed president urges the Federal Reserve to do more on transparency; says a quarterly monetary policy report should be published
BoJ’s Miyao says deflation 'overriding issue' in Japanese economy
Bank of Japan policy board member says if the central bank pursues its monetary policy solely to meet inflation target, it would harm the development of the economy
Fed’s Yellen discusses timeline for interest rate change in US
Federal Reserve vice-chair says gradual pace of recovery means interest rates likely to remain low until late 2014
Riksbank presents monetary policy report to Swedish parliament
Swedish central bank outlines monetary policy decisions from 2011; reveals international pressures hampered growth
IMF working paper studies impact of financial crisis on low-income countries
International Monetary Fund research investigates shocks that caused the crisis; concludes that low-income countries must take broader view when forming monetary policy
Canada's Boivin laments challenges posed by ageing population
Jean Boivin discusses problems of Canada's ageing population and champions the role of the central bank in meeting the challenge
QE3 prospects diminish slightly after FOMC minutes release
FOMC minutes provoke fresh questions as to likelihood of further QE; Fed board members cautious on growth prospects
Draghi places emphasis on governments to drive EU growth
ECB president says national policy-makers must take measures to develop the competitiveness of their economies; downside risks prevalent for euro economy
Fed’s Plosser cautions against aggressive monetary policy loosening
Philadelphia Fed chairman warns of threat to economic stability from inflation in the medium term; hints rates may have to be raised before 2014
IMF paper airs inflation fears for US monetary policy
IMF working paper finds continued loose monetary policy can only be maintained if inflation expectations are kept in check
King sets out loose monetary policy exit plan
Governor of the Bank of England explains how the UK will unwind from the loose monetary policy measures brought in to support the flailing economy
OECD’s Gurría wants ‘mother of all’ firewalls in Europe
OECD secretary-general demands expansion of emergency funds available to struggling eurozone sovereigns; wants monetary conditions to remain ‘supportive’