Covid impacting monetary policy most in middle income countries

[ad_1] The Covid-19 pandemic has impacted monetary policy decision-making among many central banks in upper-middle and lowe

BIS says central banks must act ‘decisively’ on inflation

[ad_1] Central banks should tighten monetary policy hard to ensure the world does not slip into a period of persistent high

Bank of Mexico orders largest-ever rate hike

[ad_1] The board of directors of the Bank of Mexico ordered a 75 basis point hike on June 23, bringing the reference rate t

BSP raises rates by 25bp, while Indonesia holds

[ad_1] The Philippine central bank announced on June 23 the raising of its benchmark interest rate for the second time in t

Thai MPC split over rate hikes, minutes show

[ad_1] The Bank of Thailand’s monetary policy committee was split over its June 8 decision to hold rates, the central ban

BoJ board members concerned over yen’s volatility

[ad_1] Some members of the Bank of Japan’s monetary policy board expressed concerns at its April meeting over the yen’s

Iceland meets high inflation with second 100bp hike

[ad_1] Iceland’s monetary policy committee raised the country’s headline rate by 100 basis points on June 22, as inflat

Paraguay continues rate hikes despite economic contraction

[ad_1] Paraguay’s central bank raised its policy rate by 50 basis points on June 21, in its 11th consecutive increase sin

Exit from bond yield target was ‘disorderly’, admits RBA

[ad_1] The Reserve Bank of Australia: abandoned yield target in November 2021 Australi

BoE’s Mann says UK needs to respond to higher rates abroad

[ad_1] The UK’s exposure to global financial spillovers means rate-setters need to respond to tighter policy overseas, th