Speech
BoE Plenderleith comments on sterling bond market
SPEECH - In a speech to a conference organised by the Association of British Insurers on Apr 2, 2001, Ian Plenderleith, executive director of the Bank of England and a member of the Monetary Policy Committee, reviews developments in the sterling non-gilt…
What central banks can and can't do-RBNZ Don Brash
SPEECH - The Reserve Bank of New Zealand's Governor Don Brash is urging people to be realistic about what monetary policy can achieve. Speaking to the Trans-Tasman Business Circle in Sydney, Dr Brash said that "In recent years ... the public have come to…
SNB's Bruno Gehrig speech on the euro
SPEECH - Bruno Gehrig, vice-chairman of the Swiss National Bank, gave a speech on Mar 27, 2001 in front of the Swiss Chamber of Industry and Commerce of the Southern Upper-Rhine Region about the euro two years on and its impact on the Swiss economy and…
New payment systems need cbank monitoring-ECB
SPEECH - New cross-border payments initiatives need to be closely monitored by central banks to ensure they are as safe and solid as dealing direct with central banks, a European Central Bank board member said on Apr 2, 2001.
'Does Money Matter?' by US Fed Governor Meyer
SPEECH - US Federal Reserve Board governor Laurence H. Meyer gave an excellent and wide-ranging speech on Mar 28, 2001 titled "Does Money Matter?". He says monetarism supeficially appears to play no role in the conduct of monetary policy in many…
ISRAEL-New government's first steps-Klein speech
SPEECH - David Klein, governor of the Bank of Israel, gave a speech on Mar 23, 2001 titled "Economic Policy: The New Government's First Steps". He warns the new government to take heed from lessons from the past and not to expect too much from monetary…
How Greenspan measures the e-economy
SPEECH - speaking on March 27 Fed chairman, Alan Greenspan revealed some of the Fed techniques for modelling and measuring the hi-tech sectors of the US economy
RBA board members debate economic prospects
AUSTRALIA/SPEECH - The newest board member of Australia's central bank, Donald McGauchie, doubts whether there will be a quick return to economic growth, in sharp contrast to the views of the central bank's deputy governor Stephen Grenville.
The Bank of Canada and Financial Stability-Dodge
SPEECH - David Dodge, the governor of the Bank of Canada, gives his second speech since taking over the job about what the central bank is doing to promote financial stability. He emphasises the work of the Group of Twenty, chaired by Canadian finance…
S'pore sets new rules for bank private investments
SPEECH - Singapore's central bank said on Mar 21, 2001 it was proposing new rules for bank investments in private equity and venture capital that will allow flexibility while maintaining prudent standards. Ravi Menon, executive director of the Monetary…
The New Economy: Myths and Realities-Wadhwani
SPEECH - In his Travers Lecture at the London Guildhall University on Mar 20, 2001, Sushil Wadhwani, an external member of the Bank of England monetary policy committee, argues it is possible that measurement issues have led forecasters to overestimate…
Turkish cbank to adopt monetary policy committee
SPEECH - In his first speech as governor of the Central Bank of Turkey on Mar 19, 2001, Sureyya Serdengecti discusses the continuing liquidity problems faced the the country's state bank and how this is hampering the implementation of monetary policy. He…
ECB's Liebscher calls for c.bank supervisory role
SPEECH - ECB council member Klaus Liebscher called for Europe's national central banks to continue to play a key role in banking supervision, saying their close contact with commercial banks helped to prevent crises.
IDB's Inglesias - priorities for Latin America
IDB president, Enrique Iglesias launched the annual meetings of the Inter-American Development Bank in Santiago Chile (March 19)
Fed Meyer backs reserve interest, Treasury against
Federal Reserve Governor Laurence Meyer on Mar 13, 2001 reiterated the Fed's support for legislation that would allow it to pay interest on the reserves that banks are required to maintain with the central bank.
BoE ready to act if sharp US downturn-Plenderleith
Britain's central bank will be ready to cut interest rates again if the slowdown in the U.S. economy proves more severe than expected, Bank of England Executive Director Ian Plenderleith said on Mar 14, 2001.
Recent Developments in Financial Markets-Clementi
SPEECH - In a speech titled "Recent Developments in Financial Markets: Some Implications for Financial Stability" delivered at the Banca D'Italia on Mar 9, 2001, David Clementi, deputy governor of the Bank of England, discusses some recent developments…
Standards and Codes-A tool for growth- IMF Koehler
SPEECH - Horst Kohler, managing director of the IMF, gave a interesting speech titled "Standards and Codes - A Tool for Growth and Financial Stability" on Mar 7, 2001, at a joint IMF/World Bank Conference on International Standards and Codes. He outines…
Efficient payments in the euro area-Wellink speech
Opening address by Dr A.H.E.M. Wellink, President of De Nederlandsche Bank NV, on the occasion of the "5th conference on pan-European cash & treasury management", held in Amsterdam on Mar 6 2001.
Banking supervision-Alan Greenspan speech
Alan Greenspan said on Mar 7 it was not surprising that a weaker economy was making bankers wary about lending, but he urged them not to go overboard. "Lenders and their supervisors should be mindful that in their zeal to make up for past excesses they…
Yen crashes to 20-month lows against dollar
The yen fell beyond 120 to the dollar for the first time in 20 months on Mar 7, 2001 as expectation grew that Japan would tolerate a weaker yen to bolster its flagging economy.
The New Basel Capital Proposal -Fed Meyer speech
US Federal Reserve Governor Laurence H. Meyer gave a speech on "The New Basel Capital Proposal" at the Annual Washington Conference of the Institute of International Bankers on Mar 5. Meyer says that the Basel proposal may be complex and at times…
Greenspan testimony-unsure about consumer optimism
Federal Reserve Chairman Alan Greenspan offered a gloomier assessment of the U.S. economic outlook when he testified to the House Financial Services Committee on Feb 28, 2001, suggesting he no longer is sure that consumer confidence is strong enough to…
Understanding financial consolidation-Fed Ferguson
US Federal Reserve vice chairman Roger Ferguson gave a speech on Feb 27 titled "Understanding Financial Consolidation" at a conference sponsored by the Securities Industry Association. In the speech, he presented the results of a major study commissioned…