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ECB's Trichet on the Lamfalussy approach

In a speech given on 9 May Jean-Claude Trichet of the ECB said the Committee of European Banking Supervisors (CEBS) has made significant progress so far and this has been acknowledged and appreciated by all interested parties, including the ECB and the…

Canada's Dodge on exchange rate regimes

In the speech 'The importance of appropriate exchange rate regimes' given on 4 May David Dodge of the Bank of Canada said the Canadian dollar's rise in recent years has helped Canada maintain stable growth and inflation as commodity prices rose sharply.

Some BoJ members urged gradual rate hike

Minutes released Monday 7 May showed some members of the Bank of Japan's board called on the BoJ to do a better job communicating its intention of raising interest rates only gradually and without any timetable set in advance.

Knight's term of office at BIS extended

The Board of Directors of the Bank for International Settlements (BIS) announced Monday 7 May that it has extended the term of office of the General Manager, Malcolm Knight, to mid-2009.

RBA's Lowe on non-banks in the payments system

In the speech 'Non-banks in the payments system: A central bank perspective' given on 4 May Philip Lowe of the RBA said our approach to oversight has focused on the various functions involved in making a payment from one person to another.

ECB's Tumpel-Gugerell on financial integration

In the speech 'Financial integration, modernisation and competitiveness in Europe: achievements and challenges' given on 7 May Gertrude Tumpel-Gugerell of the ECB said minority shareholders need more protection against abuses by company insiders.

SARB's Mboweni on the global economy

In the speech 'Risks and challenges facing the global economy' given on 4 May Tito Mboweni of the South African Reserve Bank said currently the world economy is characterised by generally strong growth and low inflation.

ECB's Quaden: all info needed on inflation risk

European Central Bank board member, and governor of the Belgian National Bank, Guy Quaden told reporters Thursday 3 May that the ECB would consider all available data that could affect inflation risk when the central bank meets in Dublin next week.

ECB's Tumpel-Gugerell on modernising payments

In the speech 'Modernising payments: 'no pain - no gain'' given on 4 May Gertrude Tumpel-Gugerell of the ECB said Europe has already made significant progress on modernising the payment industry, with the SEPA project constituting a key driver for change.

RBA Statement on Monetary Policy, May 2007

The Reserve Bank of Australia published its May 2007 Statement on Monetary Policy on 4 May. In the report the RBA said risks to inflation are broadly balanced with underlying inflation expected to fall back to around 2.5% in the next few quarters.

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