Monetary policy
Bank of Israel narrow forum backs rate hike
Bank of Israel minutes show narrow forum supported decision to raise interest rates by 50 basis points in April
Bank of Finland on modelling rational expectations
Bank of Finland study discusses modelling rational expectations in monetary policy framework
Risk Europe: Tension between the ESRB and ECB, says Belgium's Reynders
Europe's new systemic risk watchdog is already clashing with the ECB - but the ESRB's powers may need to be expanded, says Belgian finance minister, Didier Reynders
Riksbank’s Ekholm explains dissent against rate hike
Riksbank deputy governor Karolina Ekholm says interest rate rise could dampen growth prospects via stronger krona
Israel’s Fischer outlines ten lessons to remember in a crisis
Bank of Israel governor Stanley Fischer delivers advice to policymakers on how to approach a crisis
Bullard calls for “last in, first out” approach to Fed exit strategy
St. Louis Federal Reserve president James Bullard says offloading assets from Fed's balance sheet before raising interest rates is his preferred exit strategy from accommodative monetary policy stance
BoE's Fisher considers zero corridor monetary operation
Bank of England executive director of markets Paul Fisher investigates alternative monetary operation frameworks
Zambia’s Fundanga on effects of illegal cross-border trade on monetary policy
Bank of Zambia governor Caleb Fundanga says small-scale cross-border trade could interrupt monetary policymaking
BoE’s Posen won’t pursue second term on MPC if wrong on economy
Bank of England Monetary Policy Committee external member Adam Posen says he will not seek re-election to rate-setting committee if record on votes turns out to be wrong
St. Louis Fed’s Bullard: QE2 may have averted a liquidity trap
St. Louis Federal Reserve president James Bullard says second round of quantitative easing was better policy than promising an extended period of low interest rates
Bernanke to brief the press
Federal Reserve to join Bank of England and European Central Bank in holding monetary policy press conferences
Danthine defends SNB FX intervention
Swiss National Bank governing board member Jean-Pierre Danthine says foreign exchange intervention was necessary to avoid deflationary risks
BoE's chief economist says global inflationary pressures prompted rate hike vote
Bank of England chief economist Spencer Dale says risks associated with global price pressures and prolonged periods of inflation were behind call to raise interest rates
Bank’s Sentance warns of misjudging spare capacity
Bank of England Monetary Policy Committee external member Andrew Sentance warns of difficulty in measuring spare capacity
Buba’s Weber on central banks' stability mandate
Bundesbank president Axel Weber says central banks will continue to play prominent role in new regulatory and supervisory framework
BoJ study on adoption of spread-adjusted Taylor rule
Bank of Japan study lends support to use of spread-adjusted Taylor rules as suitable response to adverse macroeconomic shocks
Hungary selects final two external rate-setters
Hungarian parliament selects two external rate-setters to National Bank of Hungary’s Monetary Council, taking it to full capacity
BoJ split over economic impact of rising commodity prices
Bank of Japan monetary policy minutes show divisions in policy board over seriousness of rising international commodity prices
Cyprus’s Orphanides on risk of activist approach to monetary policy
Central Bank of Cyprus governor Athanasios Orphanides warns use of monetary policy to attain objectives other than price stability may be harmful
Norges Bank - Monetary Policy Report (March 2011)
Norges Bank’s March 2011 Monetary Policy Report says executive board expects earlier rate hike on growing inflationary pressures
RBA minutes: rates on hold as temporary inflation effects dissipate
Minutes of RBA rate-setting meeting says inflationary effects of extreme weather conditions only short term; renewed focus on global inflation risks of higher oil prices
Lawmakers grill BoE’s court over stability mandate
UK Treasury Committee query whether Bank of England’s Court of Directors is up to the task of monitoring the activities of the Financial Policy Committee
Monetary policy shocks transmit through countercyclical markups: Bank of Canada paper
Bank of Canada study shows countercyclical markups help explain effects of monetary policy shocks in Canada
Firms’ choice in price-reviewing strategies explained: ECB paper
European Central Bank working paper analyses why and how firms pick their price-reviewing strategies