The Latest Breaking News from Monetary Policy

The Spanish-American philosopher George Santayana famously warned that "those who cannot remember the past are condemned to repeat it". But sometimes even those who can recall the past have a selective memory and draw the wrong conclusions. This is how the global policy response to the current bout of inflation…

Chinese President Xi Jinping on Tuesday asked the G20 wealthy nations to contain the fallout from interest rate hikes, as the US Federal Reserve moves aggressively to fight inflation. He also cautioned that drawing ideological lines obstructs the advancement of humankind. "We must contain global inflation and resolve systematic risks…

The Australian Greens say the federal government's review of the Reserve Bank should re-imagine how monetary policy should work for the 21st century.

TMBThanachart Bank (ttb) expects to increase its loan interest rates by at least 0.5-0.6% next year, in line with the Bank of Thailand's monetary policy normalisation.

Türkiye should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday. "To address (Türkiye’s) challenges, the mission recommended early policy rate hikes accompanied by moves to strengthen the central bank's independence," said the IMF in a press release.…

US jobs figures are keeping monetary policy in the spotlight after a week of outsized interest rate movements ended with more strong jobs growth, opening the way for more big hikes.

Federal Reserve Chairman Jerome Powell warns ‘we still have some ways to go’ on curbing inflation

Analysts are predicting the Bank of England Monetary Policy Committee will vote to up its rate by 0.75 percentage points, from 2.25% to 3% this afternoon - in what would spell more misery for homeowners

The market has started the week on a negative note after a strong October. The near-term direction of the market largely hinges on what the Fed’s monetary policy-setting arm — the Federal Open Market Committee — does on Wednesday.

"The history of developed countries since 1970 is very discouraging about the prospects of bringing down 8 percent inflation," says Larry Summers.

Many economists are saying that the Monetary Policy Committee is likely to raise interest rates again