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The tightening of global monetary policy picked up speed last week as another nine central banks - from Asia through Europe, Africa and then to the Americas - raised interest rates to dampen buoyant demand and...
The central bank for the Czech Republic raised its interest rates for the sixth time to push inflation down to its target and anchor firms' and households' inflation expectations, but signaled it may now take a pause...
The European Central Bank (ECB) kept its main interest rates on hold and confirmed it was ending asset purchases under its pandemic emergency purchase program (PEPP) at the end of March as the economy continues to...
The Bank of England (BOE), the central bank for the United Kingdom, raised its main interest rate for the second time and will start reducing its stock of government and corporate bonds to tighten its monetary policy...
Brazil's central bank raised its main interest rate for the 8th time and while it said it will persist in tightening monetary policy until inflation decelerates and inflation expectations anchor around its target, it...
Georgia's central bank left its benchmark interest rate steady after raising it four times but said it would "keep a tightening bias until the risks of rising inflation expectations are sufficiently mitigated" as the...
Armenia's central bank raised its benchmark interest rate for the 8th time, saying the risks of inflation deviating from its projected trajectory are mainly upwards and if these risks materialize, it would respond...
Lesotho's central bank raised its main interest rate for the second time, saying this is to "ensure that the domestic costs of funds remains aligned with the rest of the region." The...
The central bank of the Dominican Republic raised its monetary policy rate for the third time, saying this move is part of a normalization of monetary policy aimed at moderating shocks on prices and help inflation...
The central bank of Kyrgyzstan raised its benchmark interest rate for the fifth time in a year as it continues to tighten monetary conditions to curb high inflationary pressures and said it would make additional...
Ghana's central bank left its policy rate unchanged at 14.50 percent, saying the "dynamics associated with the November 2021 policy rate hike are yet to be fully transmitted and expects the decisive implementations of...
This week - January 31 through February 5 - central banks from 13 countries or jurisdictions are scheduled to decide on monetary policy: Ghana, Bulgaria, Kyrgyz Republic, Australia, Armenia, Lesotho, Georgia, Albania,...
Azerbaijan's central bank raised its benchmark interest rate for the fourth time, saying inflationary pressures have continued to rise and "the country's economy will face unprecedented inflationary pressures."...
Colombia's central bank raised its key interest rate for the fourth time - the sixth central bank to raise rates this week and the 16th this year - citing higher-than-expected inflation and a "significant" increase...
South Africa became the fifth central bank to raise its main interest rate this week and the 15th central bank to raise rates so far in 2022 as monetary authorities worldwide continue last year's tightening of...
South Africa's central bank raised its main interest rate for the second time and said a gradual rise in rates will be sufficient to keep inflation expectations well anchored and thus moderate the future path of...
Costa Rica's central bank raised its main interest rate for the second month, saying the risks to inflation remain titled to the upside and it expects to continue to raise the rate gradually to reach a neutral...
Chile's central bank raised its policy interest rate for the fifth time, saying there are still significant risks of higher inflation as the most recent data on economic activity and inflation are somewhat above the...
The U.S. Federal Reserve left its key interest rate unchanged but said "with inflation well above 2 percent and a strong labor market, the Committee (the Fed's policy-making body) expects it will soon be appropriate...
Canada's central bank left its key interest rates steady but took another major step forward toward normalizing its monetary policy and raising interest rates rate by dropping its previous guidance that the economy...
Hungary's central bank raised its benchmark interest rates for the 8th month in row and said it "will continue the cycle of interest rate hikes until the outlook for inflation stabilizes around the central bank target...
Singapore's central bank tightened its monetary policy stance for the second time in four months in an unscheduled decision, saying it considered it "appropriate to make another pre-emptive adjustment" at this...
Kazakhstan's central bank raised its benchmark interest rate for the fourth time, saying it was continuing to tighten its monetary policy stance to reduce inflation expectations and bring inflation back into its...
This week - January 24 through January 29 - central banks from 13 countries or jurisdictions are scheduled to decide on monetary policy: Kazakhstan, Pakistan, Hungary, Nigeria, Kenya, Canada, Mozambique, United...