Add this topic to your myFT Digest for news straight to your inbox
Ben Bernanke’s review is full of sound recommendations but unlikely to alter this opaque process
Currency’s strength compared with euro and sterling comes after higher than expected US inflation figures
Former Fed chair highlights shortcomings in modelling but does not call for policymakers to publish own rate projections
Bank of England must now be bold in implementing its recommendations
Nobel laureate cites ‘significant shortcomings’ and calls for end of fan charts
Officials brush off concerns about transatlantic divergence and expect looser monetary policy from June
Megan Greene argues in the FT that investors are wrong to bet on early UK rate cuts as expectations also shift in US and eurozone
Some policymakers backed cut at Thursday’s meeting as bank signals it will consider such a step in June
Lagardians of the galaxy
Pimco and T Rowe Price among firms to increase exposure in Europe amid cooling inflation
Survey results will feed into ECB discussion on slowing activity amid tight financing conditions
That is, as long as the data does not deliver a nasty surprise
And is the Bank of England asking for a friend?
. . . which will be nowhere near as exciting as this picture makes it seem
Consumer prices edge tantalisingly close to target in eurozone but exceed forecasts in US
US central bank needs ‘greater confidence’ before cutting interest rates, chair says
Traders forecast benchmark rate will settle at about 3.5%
Reforms come after central bank was criticised for failing to predict post-pandemic jump in inflation
Sticky inflation has unnerved financial markets, but officials have stood their ground
As the monetary cycle looks set to turn, the policy framework for the next phase remains unclear
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’
Piero Cipollone’s comments indicate he may argue for loosening monetary policy at bank’s April meeting
Finance minister says government will ‘not rule out any steps against any excessive moves’
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?
Last week’s monetary policy moves mark a shift away from strict inflation targeting
International Edition