Inflation targeting
Bangladesh Bank orders second rate hike
Central bank publishes monetary policy for 2022–23
Guatemala hikes rates 25bp for second consecutive month
Board blames global commodity prices, as inflation breached target range in May
Colombia announces largest-ever rate increase
Central bank orders 150bp rise, while president-elect announces next finance minister
Dominican Republic orders 75bp rate rise
Core inflation still rising as central bank orders sixth rate hike in eight meetings
Bank of Jamaica continues tightening cycle
MPC adds 50bp, describing May inflation drop as mainly due to “temporary effects”
Riksbank carries out largest rate rise since 2000
Swedish central bank says chances of wage-price spiral have increased
Campos Neto says ‘worst of the inflation’ has passed
Brazil’s governor says central bank “came out ahead” of price increases
Hungary makes shock 185bp rate increase
Central bank responds to inflation and weak forint with largest increase since 2008
BIS says central banks must act ‘decisively’ on inflation
Tightening policy hard and fast may be central banks’ best shot at engineering a soft landing
Bank of Mexico orders largest-ever rate hike
Mexico matches Fed as inflation continues well above target
Paraguay continues rate hikes despite economic contraction
Central bank raises policy rate for 11th month in a row, as GDP growth falls
Iceland meets high inflation with second 100bp hike
MPC forecasts more increases as Nordic country confronts internal and external pressures
Brazil’s MPC continues hikes, but slows pace
Central bank orders eleventh consecutive increase, and says it expects more, but smaller, rises
Bangladesh appoints senior civil servant as central bank governor
Abdur Rouf Talukder will take office in July
Czech president names three new rate-setters
Some observers say appointment may create dovish majority on board
Rates round-up: RBI adds 50bp to main rate
Chile announces eighth rate hike; Thai PM reveals rate hold early; and more
Reserve Bank of Australia joins 50bp club
Australian central bank continues post-pandemic tightening with second, larger hike
What is the right size for a central bank board?
There is greater consensus for smaller boards in theory than in practice
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March
Bank of Korea raises policy rate again
Policy-makers expect high inflation for rest of year
RBNZ tightening policy ‘by more and sooner’
Central bank orders second 50bp hike, the fifth increase since last October
Japan’s inflation breaches 2% target
High import prices a key driver as flat wages drag demand
Rates round-up: South Africa, Philippines and Egypt hike
Emerging markets tighten policy amid unrelenting inflation
Ugandan president keeps governor’s role vacant
Observers say president Museveni wants loyal appointee to follow Tumusiime-Mutebile