Czech central bank deputy governor Eva Zamrazilova warned that excessive wage demands would further fuel inflation, which is already the highest in three decades, and could force policymakers to repeat interest rate hikes. .
Zamrazilova criticized a...
New Zealand's central bank, as expected, raised its key interest rate by 50 basis points and said it would continue to tighten monetary policy, at least to the 4% level.
The bank's moves bring the Oceanian country...
Mexico's central bank raised its key interest rate to a record high as inflation hovers at a 21-year high, but pulled back on a hawkish timetable for monetary tightening through the end of the year.
Banxico, as...
Denmark's central bank, which has kept interest rates in negative territory for more years than any other country, followed the lead of the European Central Bank on Thursday and raised its key interest rate by a...
By Allison Schrager
We have awakened the beast and now we may have to learn to live with it. After more than 20 years of low, steady inflation, it's rebounding—to over 9%—and may never return to...
Poland's central bank governor Adam Glapinski was caught on camera telling a woman how to best take advantage of the country's mortgage "holiday" and suggesting interest rates may only rise one more time, if at all....