March 2019
February 2019
Pound Retreats, Asian Stocks down
Asian stocks closed lower today amid renewed geopolitical concerns including the conflict between India and Pakistan. Pound retreats from seven-months high.
Safer banks for greater wellbeing
Make New Zealand’s banks safer by requiring them to use more of their own money to manage through good times and bad.
Payments System Board Update: February 2019 Meeting
The development of draft variations to clarify the operation of the Bank's standards regulating card interchange fees and net compensation to issuers.
Semiannual Monetary Policy Report to the Congress
Review of current economic situation and Monetary policy and describing several recent improvements to communications practices to enhance transparency.
Pound targets 1.33 on Brexit Optimism
Pounds made an impressive rally yesterday enhancing the short term bullish momentum and attracting more bids on Brexit optimism.
Profit Taking Sends Asian Stocks Lower
Asian indices finished lower today as traders took some profits after yesterday’s rally. In Japan, the Nikkei 225 index shed 0.4 percent to 21,449.
John C Williams: Discussion of “Prospects for Inflation in a High Pressure Economy: Is the Phillips Curve Dead or Is It Just Hibernating?” by Peter Hooper, Frederic S. Mishkin, and Amir Sufi
Phillips Curve shows risk of the inflation expectations anchor slipping toward shore calls for a reassessment of the dominant inflation targeting framework.
Stephen S Poloz: Toward 2021: the power – and limitations – of policy
The development, and future of macroprudential policies shows promise.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.