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Central bank intervention

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  • Tuesday, 5 July, 2022
    South Korea Economy
    South Korean consumer prices rise at quickest rate since 1998

    Inflation piles pressure on central bank to increase rates by 50 basis points for first time

  • Thursday, 16 June, 2022
    Swiss National Bank
    Swiss central bank surprises with first interest rate rise since 2007

    Franc surges on SNB announcement that benchmark rate would rise to minus 0.25%

  • Wednesday, 15 June, 2022
    European Central Bank
    ECB to design new bond-buying plan to tackle market turmoil

    Emergency meeting addresses surging borrowing costs in eurozone countries such as Italy

  • Friday, 3 June, 2022
    Unhedged
    Don’t sleep on QT Premium content

    Or on rate volatility

  • Thursday, 26 May, 2022
    Currencies
    Ignore the SNB’s huge stonking losses

    The Swiss central bank still sits on a fat financial cushion from its equity investments

  • Wednesday, 11 May, 2022
    Chris Giles
    The Bank of England should make it clear when it gives us a kicking

    Society requires unelected officials to tell the public the whole truth about policy

  • Thursday, 28 April, 2022
    Yen
    Yen slides to 20-year low as BoJ defies global shift to higher rates

    Currency’s fall through ¥130 against the dollar follows central bank vow to keep bond yields at zero

  • Tuesday, 26 April, 2022
    Currencies
    Yen’s tumble stirs debate in Tokyo over merits of weak currency

    Fall of 11% in two months to a 20-year low prompts speculation central bank might be forced to intervene

  • Wednesday, 13 April, 2022
    Yen
    Yen falls to 20-year low as BoJ holds fast to stimulus pledge

    Ultra-low monetary policy contrasts with tightening signals from US Fed

  • Wednesday, 13 April, 2022
    Markets InsightKaren Petrou
    Central bankers cannot afford to ignore the pain in commodities

    Bailouts are a last resort but action will be inevitable if market stress becomes systemic

  • Monday, 4 April, 2022
    Swiss National Bank
    The SNB is trying to halt the franc’s rise again

    But we’re not quite sure why.

  • Monday, 28 March, 2022
    Japanese economy
    Yen hits 7-year low after Bank of Japan sticks to stimulus

    Currency drops to ¥125 per dollar as other central banks push ahead with interest rate rises

  • Friday, 4 March, 2022
    Eastern Europe central banks step in as currencies slide

    Interventions and interest rate rises tackle currency weakness sparked by invasion of Ukraine

  • Thursday, 3 March, 2022
    Michael Bernstam
    Central bank sanctions strike at the foundations of Russia’s economy

    From a source of economic strength during peacetime, FX reserves turned into the source of a crash during war

  • Thursday, 10 February, 2022
    Bank of Japan
    Bank of Japan defends bond-yield target against rising market pressure

    Central bank pushes back against rising borrowing costs

  • Friday, 4 February, 2022
    Markets InsightSheila Bair
    Regulators must act to rein in Wall Street risks as rates rise

    The Fed needs to reverse course on regulatory easing to ensure financial stability when borrowing costs increase

  • Monday, 27 December, 2021
    Turkish economy
    Turkish regulator files criminal complaints over lira’s moves

    Allegations of exchange rate manipulation in social media posts during market gyrations

  • Wednesday, 1 December, 2021
    Turkish lira
    Turkey intervenes in currency markets in attempt to stem lira falls

    Rally from historic low follows central bank’s vow to halt ‘unhealthy price formations’

  • Tuesday, 23 November, 2021
    InterviewPakistan
    Pakistan’s central bank chief warns of taper tantrum-style shock to emerging markets

    Reza Baqir urges advanced economies to act to stem rising global inflation

  • Sunday, 17 October, 2021
    Europe quantitative easing
    ECB considers boosting purchases of EU recovery fund debt

    Central bank examines ways to retain flexibility in bond markets afforded by pandemic relief scheme

  • Friday, 9 July, 2021
    Europe quantitative easing
    ECB split deepens over scaling back bond-buying as economy improves

    Minutes of June’s meeting show some policymakers want to reduce stimulus

  • Friday, 2 July, 2021
    FT AlphavilleCentral banks
    CBDCs must be coupled with greater accountability

    Launching digital currencies will mean even more responsibility for — and politicisation of — the world’s monetary guardians.

  • Tuesday, 29 June, 2021
    Martin Wolf
    Monetary policy is not the solution to inequality

    But the necessary structural reforms will be harder than many economists imagine

  • Monday, 21 June, 2021
    Duvvuri Subbarao
    Emerging markets are right to worry about capital flows

    Foreign exchange reserves offer only a partial defence against the effects of policy in the rich world

  • Friday, 7 May, 2021
    Markets InsightMichala Marcussen
    The ‘crowding out’ risk to the economy

    Even with low rates, central bank intervention may have unintended consequences

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