Monetary policy
Russian central bank raises rates and warns on inflation
Nabiullina says labour market poses “serious challenge” and obliquely mentions risk of war
Bank of Mexico continues tightening under new governor
President’s nominee Victoria Rodríguez supports 50bp rate hike in her first policy meeting
Peruvian board raises rate for seventh consecutive meeting
BCRP board hikes brings benchmark rate to 3.5%, despite fall in inflation rate
Romanian central bank accelerates policy tightening
Board raises rates by 50bp and warns liberalised energy prices are likely to boost inflation further
Iceland raises rates again as inflation reaches highest level since 2012
MPC accelerates current cycle as experts point to problems in housing market
Boston Fed appoints Susan Collins as new president
University of Michigan economist to become first Black woman to lead a regional Fed
Has the IMF found a way forward for Argentina?
Withdrawing monetary financing would put pressure on government budget, analysts warn
Polish MPC carries out fifth consecutive rate rise
Committee says inflation will moderate in time and praises government policy on tax cuts
Bank of Israel should be ready to tighten policy, says IMF
Fund warns inflation pressures are building, and says BoI should abandon FX purchases
Picking up the pieces: how to tackle the next phase of the Covid crisis
The global economy is heading into dangerous territory, writes Jagjit Chadha. Central banks must honour their commitments to price stability
BoC paper highlights ‘profound impact’ of heterogeneity
Confluence of factors has pushed heterogeneity into the forefront of economic research, authors say
Knot eyes first ECB rate hike in Q4 2022
Dutch governor expects eurozone inflation to remain over 4% for much of 2022
Norwegian government appoints former PM as governor
Critics say Nato head Stoltenberg is close to governing party but finance minister praises his "rare skills"
Czech central bank hikes rate and forecasts steeper inflation
CNB board says inflation should peak at mid-year but warns of de-anchoring risk
ECB maintains stance but Lagarde hints at hawkish policy turn
Lagarde's press conference remarks seem to differ from policy statement, analysts say
Brazilian central bank continues steep tightening cycle
MPC says it aims to slow pace of rate increases but warns fiscal policy is boosting inflation
Record-high eurozone inflation raises pressure on ECB
HICP increased by 5.1%, well above consensus expectation of 4.4%, as energy prices drive up reading
Azerbaijan, Kyrgyzstan and Armenia raise rates
Inflation remains high across region, though falling in these three countries
BIS’s Borio: inflation not yet ‘endemic’ but could become so
There is not yet a deeper shift in the “inflation regime” but it remains a long-term risk, BIS official says
How Afghanistan’s central bank can help prevent famine
Rules could be devised to allow the New York Fed to ease the acute US dollar banknotes shortage, writes Warren Coats
Dominican Republic raises rates 50bp
Central bank promises policy “normalisation” as inflation remains above target
RBA halts asset purchases
Australian central bank maintains interest rates at 0.1%
Central Bank of Colombia steps up tightening cycle
Full percentage point hike comes as both inflation and growth rebound
RBI’s Patra highlights value of bold crisis communications
Central bank usually avoids the “glare of the limelight” but Covid demanded rethink, says Michael Patra