-
2 Nov 21
The Reserve Bank of Australia has abandoned the yield target policy it introduced at the start of the Covid-19 pandemic, recognising that a rate rise could come sooner than previously expected.
-
29 Oct 21
Fears inflation will linger have led to some central banks tightening monetary policy faster than expected, potentially fuelling worries the US Federal Reserve is “behind the curve”, analysts have...
-
19 Oct 21
How easily can central banks wind-down asset purchases?
-
27 Sep 21
Turkey’s central bank has cut its benchmark policy rate despite inflation being so high that borrowing costs were already negative in real terms, a move that one economist said points to undue...
-
23 Aug 21
The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
-
23 Jul 21
The European Central Bank will not risk harming the economic recovery from Covid-19 by withdrawing its emergency monetary support early, its president has said.
-
4 Jun 21
The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
-
29 Apr 21
The Federal Reserve is a “long way” from withdrawing its support for the US economy despite improving growth prospects, the central bank chairman has said.
-
22 Apr 21
Canada’s central bank has cut its bond purchases this year, citing progress in the country’s economic recovery from Covid-19.
-
23 Mar 21
President Recep Tayyip Erdogan has unexpectedly fired the governor of Turkey’s central bank just three months into his term.
-
5 Jun 17
The World Bank has sounded the alarm over large deficits and rising debt in emerging and developing markets in its latest report on global economic prospects.
-
19 May 17
Japan has enjoyed its longest growth streak since 2006, with its economy expanding for the fifth consecutive quarter in the first three months of this year.
-
12 May 17
Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
-
7 Apr 17
The success of domestic monetary policy can be hamstrung by the impact of sudden foreign shocks in globally integrated economies, the International Monetary Fund has concluded.
-
3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
-
29 Mar 17
The European Central Bank overstepped its mandate during the eurozone crisis, Transparency International has concluded.
-
10 Mar 17
European Central Bank president Mario Draghi said the euro is “irrevocable” while outlining a “more optimistic” outlook for the currency bloc yesterday.
-
3 Mar 17
Eurozone inflation surpassed the bloc’s target rate for the first time since 2013 in February, according to preliminary data published yesterday by Eurostat.
-
21 Feb 17
Nigeria’s central bank has effectively devalued its currency for private individuals by allowing dollars to be bought at almost 20% above the normal rate for travel, some school fees, and medical...
-
30 Jan 17
Japan’s consumer price inflation has fallen for the first time in four years, dealing another blow to government and central bank efforts to boost the deflating economy.
-
9 Jan 17
The independence of central banks in Europe could undergo significant changes in the future, according to a survey of economists on the continent.
-
9 Dec 16
The European Central Bank is to scale its quantitative easing programme back by €20bn per month from March 2017.
-
15 Nov 16
Eurozone economies are at risk from protectionism and heightened uncertainty stemming from the election of Republican candidate Donald Trump to the White House, the vice president of the European...
-
2 Nov 16
The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
-
10 Oct 16
The global monetary system is ill-equipped to handle today’s key challenges, a panel of Asian economists has warned.