Monetary policy
Mauritius calls special meeting
The Bank of Mauritius will hold a special Monetary Policy Committee (MPC) meeting on 2 May, the central bank said on Tuesday.
BoE must remain focused on inflation
Monetary policy in the UK ought to remain focused on achieving price stability as defined by the inflation target, Tim Besley, a member of the Bank of England's rate-setting committee, has said.
Chief economist underlines BoE's "tricky" task
The juxtaposition of the recent shocks to both inflation and growth makes the task of the Bank of England's Monetary Policy Committee particularly tricky, Charlie Bean, the Bank's chief economist, noted.
RBI hikes reserve ratio on back of price fears
The Reserve Bank of India has taken emergency steps to tackle burgeoning inflation just 12 days before its scheduled monetary policy meeting.
Policy stance remains appropriate: BoJ minutes
Japanese policymakers remain keen to raise rates in spite of a slowdown in the world's second-largest economy, minutes of the March Monetary Policy Council meeting reveal.
Tucker: BoE to only partly offset the credit blow
The Bank of England should cut rates gradually to avoid inflation, said Paul Tucker, the Bank's executive director responsible for markets and member of the Monetary Policy Committee.
Nigeria raises rates 50bp, flags further hikes
Nigeria's central bank raised rates to 10% and warned that policy would need to tighten in the future with "huge fiscal injections" expected.
BoE's Tucker gets second term on MPC
Paul Tucker, the executive director for markets at the Bank of England, is to serve a further three-year term on the Monetary Policy Committee.
Sentance warns of slowdown
Andrew Sentance, a member of the Bank of England's Monetary Policy Committee, has warned of the possibility of a "more significant and sustained" slowdown than those of the recent past.
Chances of big cut diminish on Bernanke testimony
Market predictions of another cut to the federal funds rate of at least 50 basis points looked far from certain, following comments from Ben Bernanke, the chairman of the Federal Reserve.
BoE makes expected rate cut
The Bank of England's Monetary Policy Committee cut rates to 5.25%, as widely expected.
Bank of England's King to get second term
Mervyn King has been granted a further five-year term as the governor of the Bank of England.
Basel II's procyclical costs
By increasing capital requirements during economic downturns, Basel II will offset improvements in monetary policy trade-offs caused by countercyclical variations, research published by the Bank of Finland finds.
UK rates "restrictive", says dovish Blanchflower
David Blanchflower, the only member of the Bank of England's nine-strong monetary policy committee (MPC) to back a rate cut earlier this month, has said monetary easing is vital to avoid a recession.
UK MPC voted 8 - 1 in favour of rate hold
David Blanchflower was the only member of the nine-strong Bank of England Monetary Policy Committee to object to the decision earlier this month to hold rates at 5.5%, opting instead for a 25 basis point cut.
British MPC faces tough choices warns deputy Gieve
The Bank of England's monetary policy committee (MPC) faces difficult decisions in the months ahead because of the dual threat of slowing growth and rising inflation, said Sir John Gieve, the deputy governor responsible for financial stability.
Stability not gradualism has influenced UK MPC
The relative paucity of rate changes at the Bank of England since the institution became independent in 1997 is down to the increased stability of inflation and output growth, rather than a rise in the degree of gradualism, research published by the Bank…
UK rates held at 5.5%
The Bank of England's monetary policy committee (MPC) on Thursday voted to keep the benchmark bank rate at 5.5%.
India's central bank cuts again
The Reserve Bank of India cut rates by a percentage point for the second time in less than a month and eased deposit requirements for commercial banks in a bid to limit the impact of the financial crisis.
Rate setters act on inflation not job location
Little evidence exists of any systematic differences in the voting habits of internally- and externally-appointed members of the Bank of England's monetary policy committee, research published by the Bank finds.
Bank of England committee unanimously backed cut
All nine members of the Bank of England's monetary policy committee voted in favour of cutting rates to 5.5% earlier this month, minutes published on Wednesday reveal.
Chile surprises with decision to hike rates to 6%
The Central Bank of Chile's rate-setting board voted to raise the monetary policy interest rate unexpectedly by 25 basis points to 6% on Thursday.
Old Lady cuts rates to 5.5%
The Bank of England's rate-setting Monetary Policy Committee (MPC) voted on Thursday to cut its benchmark bank rate by 25 basis points after data suggested the UK economy was weakening.
UK's King gloomy on economic conundrum
Mervyn King, the governor of the Bank of England, said on Thursday that the economic outlook is "uncomfortable" because the problems of the credit crisis are now coupled with burgeoning inflationary pressures.