Broadly speaking, the papers at the conference were concerned with modeling the effects of policy in an economy with nominal rigidities—that is, with prices and wages that are relatively inflexible, ...
Singapore is set to buck the global easing trend and keep its policy bearings on hold as officials use the strength of the currency to tackle still-exorbitant living costs. The Monetary Authority of ...
Investors are no longer fully pricing two quarter-point interest-rate cuts from the Bank of England next year amid signs of sticky price pressures that make the case for only cautious monetary easing.
The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in ...