Inflation targeting
Russia raises rates, Ukraine lowers them
High domestic demand pushes up prices in both countries
Costa Rica and Paraguay whittle away at rates
Both countries make 25bp cuts as inflation falls
Chile continues lowering rates, despite weakening peso
Central bank also halts reserves accumulation, citing market turmoil
Bank of Canada holds policy rate again at 5%
Central bank suggesting rates will stay high as inflation remains strong
Turkey continues rate increases for fifth straight month
Central bank wants Turkey on a ‘disinflation course’ in 2024
RBA’s Bullock rules out setting an employment target
Governor says full employment cannot be reduced to a single measurement
Philippine central bank delivers off-cycle rate hike
Governor Remolona said high inflation expectations were ‘very worrisome’
Hungary continues loosening as inflation falls towards 10%
MNB cuts base rate by 75 basis points
Macklem warns Canadian politicians against rates lobbying
Governor says politicians’ letters could suggest ‘operational independence is at risk’
Bank of Israel holds rate as Gaza conflict continues
Central bank stresses Israeli economy remains stable, but predicts increased deficits
Colombia’s Acosta says early cuts ‘a big risk’
Statement to Bloomberg contradicts wishes of president and much of business community
Bank of Korea continues rate pause
Central bank cites ‘uncertainties’ in deciding to hold
Riksbank’s Flodén says inflationary pressures are too high
Weak krona may explain higher price increases, says deputy governor
Chile central bank acknowledges ‘very important depreciation’
Issue will feature at next week’s monetary policy meeting
UK researchers propose 3% inflation target and negative rates
Inflation stalls at 6.7% in September, the same figure as in August
Bank Indonesia resumes tightening to stabilise currency
Central bank to issue FX-denominated notes to attract capital inflows
Brazil board united on continuing easing with 50bp cuts
Deputy governor says “there is no predefined target for Selic” rate
How did Minneapolis become the first US city with 2% inflation?
Experts from the Minneapolis city government and Federal Reserve Bank stress housing options
Opponents of dual mandate win New Zealand elections
National Party promises to abolish RBNZ commitment to ‘maximum sustainable employment’
Little progress in latest US CPI report
Headline figure was 3.7% in September, unchanged from August, but core inflation fell
Kenya to buy back $500 million in Eurobonds
Central bank governor says country will seek ‘exceptional’ IMF funding
Inflation set to remain high into 2025, IMF warns
Soft landing looks more likely but growth is “limping along”, says Pierre-Olivier Gourinchas
Peru and Uruguay cut rates again
Peru’s central bank says growth forecasts are gloomy, but Uruguay hints at end to cuts
Bank of Japan steps up bond purchases
Central bank faces pressure to raise rates as yields on 10-year government bonds rise