By Dominic Chopping Norway’s central bank raised its key policy rate to 2.50% from 2.25% on Thursday, and said it will most likely raise the rate further in December. A Read more
Tag: Central
Opinion: Supply-side challenges frustrate the Fed and other central bankers
These are tough times for central bankers. As they tighten monetary policy to combat inflation, governments in the U.S., U.K. and EU spend too much, and supply-side problems are becoming Read more
Fed’s Harker: Inflation shoots up like a rocket, comes down like a feather
Inflation will only come down slowly over the next 14 months despite the Federal Reserve’s strong resolve to cool it down, said Philadelphia Fed President Patrick Harker, on Thursday. “We…need Read more
Fed’s Harker: Inflation shoots up like a rocket, comes down like a feather
Inflation will only come down slowly over the next 14 months despite the Federal Reserve’s strong resolve to cool it down, said Philadelphia Fed President Patrick Harker, on Thursday. “We…need Read more
Indonesia’s central bank raises rates further in bid to cool inflation
Indonesia’s central bank raised its benchmark interest rate further on Thursday in a bid to reduce inflation and to ensure the stability of the rupiah. Bank Indonesia raised its seven-day Read more
China’s central bank keeps benchmark lending rates unchanged
China’s central bank on Thursday held the benchmark lending rates unchanged as expected, as the yuan continues to face increasing downward pressure. The People’s Bank of China kept the one-year Read more
How high will rates go? This chart shows expectations for central bank policy rates.
The inflation fight by central banks isn’t even close to over yet, according to Jumana Saleheen, Vanguard’s European chief economist. That means markets likely remain vulnerable to additional shocks, like Read more
Explosions rock central Kyiv in apparent missile strikes, with reports of death, injuries
KYIV, Ukraine (AP) — Multiple explosions rocked Kyiv early Monday following months of relative calm in the Ukrainian capital. Kyiv Mayor Vitali Klitschko reported explosions in the city’s Shevchenko district, Read more
Opinion: Central banks want to fight inflation, but they still need to keep the financial system functioning. The two goals may be conflicting.
After two years of quantitative easing, central banks have begun to shrink their balance sheets, and liquidity seems to have vanished in the space of just a few months—revealing acute Read more
Yellen: Important to recognize there are international spillovers from central bank tightening in advanced countries
U.S. Treasury Secretary Janet Yellen on Thursday said that central banks must continue the task of fighting inflation but have to recognize that their tightening efforts can ripple through the Read more