Fiscal indiscipline looms as the biggest threat after central bank battles to slow rising prices
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve
Weak growth and reduced price pressures could force European Central Bank to consider prolonged series of rate cuts
Yannis Stournaras backs two more ECB quarter-point rate cuts this year
New York Fed president John Williams signals support for quarter-point interest rate cuts
Conflicts, climate change and trade disputes may require ‘forceful’ rate rises in future, says Basel-based body
Decline bolsters expectations that ECB will cut interest rates again this month
Central banks are in cutting mode — but how fast they will lower interest rates remains unclear
Big interest rate cut is yet another evolution in paradigm of liquidity dominance
It’s hard
Weak growth likely to lead central bank to lower rates by 0.25 percentage points next month rather than in December
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victory
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown
Tiff Macklem signals central bank will step up pace of reductions should economic conditions worsen
Bond investors could easily be caught off guard if liquidity conditions fail to loosen significantly
Christine Lagarde says policymakers decided ‘unanimously’ on this year’s second quarter-point reduction
The central bank needs to maintain a moderately restrictive stance on monetary policy to make further progress on inflation
Latest reduction comes amid weak growth and pressures on housing affordability
Large shocks are likely to recur in the future, bringing significant challenges for policymakers
Markets expect further ECB rate cuts following dip in price pressures
Traders speculate the People’s Bank of China will step in to manage sovereign debt yields
‘Humility and a questioning spirit’, as called for by Fed chair, would be a very good idea
An MPC meeting next month looks set to shape interest rates, normalise risk taking and kill a silly fiscal rule
At Jackson Hole, central bankers offered different views about the tools of their trade
