Monetary policy
PBoC unexpectedly cuts key interest rate
MLF rate’s 20bp reduction is largest decrease since 2020
Monetary Policy Benchmarks 2024 – model banks analysis
Further breakdowns of the data reveal patterns in staffing, liquidity tools and transparency
Sri Lanka cuts interest rates by 25bp
Decision follows improved economic figures but stubbornly low inflation
Nigeria raises rates as inflation continues to rise
Central bank plans to maintain tight policy as food prices prove particularly challenging
Hungary cuts rates by 25 basis points
Country edges closer to ending monetary easing campaign
Turkey holds key policy rate despite fall in inflation
Central bank says services and food inflation are sustaining broader price pressures
Long-term repo set for bigger role in BoE operations
Executive director Victoria Saporta outlines “major change in operating practice”
Perceptions of monetary policy shape inflation – Dallas Fed paper
Academics say Phillips curve not always applicable post-Covid
Higher-for-longer inflation remains risk – Bank of Finland chief
Political uncertainty in eurozone dominating discussions in Frankfurt, says Olli Rehn
PBoC cuts suite of key interest rates
Move follows weaker-than-expected Q2 growth and policy meeting by Communist party
Monetary Policy Benchmarks 2024 – executive summary
Key findings from the benchmark on policy tools, liquidity facilities, transparency and more
European Central Bank holds rates
Inflation set for return to target in 2025, as Lagarde defends ECB response to staff burnout
Monetary Policy Benchmarks 2024 report – back to normality?
Data reveals trends in use of policy tools as well as operating frameworks and communications
Ethiopia launches new monetary policy framework
Move is part of effort to unlock much-needed funding from IMF
Bank Indonesia holds policy rate
Central bank is focused on rupiah stability and attracting foreign capital in the short term
IMF warns of slowing disinflation path
Higher interest rates in advanced economies could trigger “harmful spillovers”, chief economist warns
PBoC’s new policy tool may have little impact, analysts say
Adding new open market operations does not mean major change to policy framework, say economists
BoE economists hunt ‘driving forces’ of forecast errors
“Systematic” study of mistakes finds wage growth and expectations could have been modelled better
PBoC holds key rate despite uneven economic recovery
Central bank likely to keep MLF rate unchanged before Fed cuts rates, analysts say
Serbia cuts rates by 25 basis points
Decreasing global energy prices and refinery overhaul fuels disinflation
Banxico dovish in minutes published after rate hold
Minutes “softly hints at rate cut”, analyst says
Malaysian central bank holds policy rate
BNM expects higher inflation later this year as government phases out fuel subsidies
Bank of Korea holds rate but signals possibility of future easing
Governor Rhee Chang-yong says the board can consider rate cut at “appropriate time” in the future
Full-scale war with Hezbollah is a tail-end event – Bank of Israel deputy
Andrew Abir says central bank has advised government to ensure adequate fiscal space as it expects war to last longer and revises its growth and inflation forecasts