The Latest Breaking News from Monetary Policy

Independence day: why Gordon Brown gave the Bank the right to set interest rates

Analysis: New Labour’s chancellor revealed his plan to a surprised Eddie George and his private secretary, now governor, Andrew Bailey

The Guardian - UK · May 4, 2022

RBI surprises with 40 bps rate increase amid inflation ‘alarm’

RBI governor Shaktikanta Das says MPC of RBI met in an off-cycle meet and decided to increase policy rates to help curb rising inflation

The Hindu · May 4, 2022

EMIs set to rise as RBI hikes repo rate by 40 bps to 4.40%

NEW DELHI: In a surprise move, the Reserve Bank of India (RBI) on Wednesday hiked key repo rate by 40 basis points (bps) to 4.40 per cent amid rising inflationary pressures in the economy.

The Times of India · May 4, 2022

China contagion threatens to derail the world’s emerging markets

A widespread selloff in China is rippling through emerging markets, threatening to snuff out growth and drag down everything from stocks to currencies and bonds.

Bangkok Post · May 2, 2022

The global stagflation shock of 2022: How bad could it get?

The double blow of pandemic and war has caused inflation to surge and growth to slow around the world. But experts do not expect a return to the 1970s

Financial Times · May 2, 2022

Consistent Paternalists Should Back Restrictions on Voters, Too

In an important new article, political philosophers Jason Brennan and Christopher Freiman explain why standard justifications for paternalistic restrictions on consumers also apply to voters.

Reason · May 1, 2022

Bank of England ‘duty bound’ to trigger recession to curb inflation

Ex-official says policymakers must shrink the UK economy to limit upward pressure on prices made worse by Brexit

The Guardian - UK · May 1, 2022

How Much Of The Japanese Stock Market Does The BOJ own?

The Bank of Japan (BOJ), unlike any of its peers, has become a huge player in the country’s stock market. What began as a monetary policy experiment has turned into what some economists describe as a caveat for policymakers about the extent of intervention a central bank may take in…

Benzinga · Apr 29, 2022

Inflation spike may tilt odds in favour of early rate hikes

Retail inflation is poised to accelerate from a 13-year high with the government lifting a freeze on some retail fuel prices, boosting the odds for the Bank of Thailand (BoT) to pivot away from its pandemic-era monetary policy accommodation.

Bangkok Post · Apr 29, 2022

Oil Prices Stable Amid Balancing Act Of Russia Supply Fears and Asian Demand Concerns On COVID-19 Restrictions

On Wednesday, oil was steady after Russia cut gas supplies to Bulgaria and Poland. However, lingering concerns about Asian COVID-19 related lockdowns (especially in China) weigh on economic growth, and oil demand constrains the prices, writes Reuters. Brent crude futures rose $0.26, or 0.30%, to $105.25 a barrel by 0823 GMT. U.S.…

Benzinga · Apr 27, 2022