Speech
Global outlook has deteriorated: Sarb’s Marcus
South African Reserve Bank governor Gill Marcus pins gloomy global economic outlook on events in Europe and United States
QE2 reduced deflation threat: NY Fed’s Sack
New York Federal Reserve executive vice-president Brian Sack says the risk of deflation in the US diminished significantly following the Fed’s second quantitative easing programme
BoJ’s Yamaguchi on the battle against deflation
Bank of Japan deputy governor Hirohide Yamaguchi says deflation trend in Japan must be overcome by strong long-term growth
Singapore’s Shanmugaratnam highlights growth opportunities in Asian insurance markets
Monetary Authority of Singapore chairman Tharman Shanmugaratnam says untapped resources remain in Asia’s insurance markets
Mexican recovery reflects external patterns: Mexico’s Sánchez
Bank of Mexico deputy governor Manuel Sánchez says economic recovery in Mexico underpinned by external factors
Draghi says sovereign credibility must be earned
Bank of Italy governor Mario Draghi says solvency of euro area countries must be earned by putting public finances in order
Boston Fed’s Rosengren clarifies state of US recovery
Boston Federal Reserve president Eric Rosengren says US recovery is not in a soft patch, but in a consistently weak state
RBI's Gokarn on new financial stability empahsis
Reserve Bank of India deputy governor Subir Gokarn says financial stability can be jeopardised in environment of price and macroeconomic stability
BoJ’s Shirakawa optimistic over post-earthquake recovery
Bank of Japan governor Masaaki Shirakawa points to further evidence that supply-side constraints are easing
BoE identifies deficiencies in central banks’ monetary policy frameworks
Bank of England deputy governor Charlie Bean says central banks must review their monetary policy frameworks to include a more prominent role for financial intermediaries
BIS’s Caruana urges completion of regulatory reform agenda
Bank for International Settlements general manager Jaime Caruana highlights a number of challenges facing national authorities in implementing critical reforms
Euro area needs better coordinated political union: ECB’s Bini Smaghi
European Central Bank executive board member Lorenzo Bini Smaghi calls for more active participation by euro area governments in political union
BIS’s Caruana calls on central banks to lengthen policy horizon
Bank for International Settlements general manager Jaime Caruana says monetary policy strategy should be adjusted to contain build-up of financial imbalances
Deficits are not always bad: RBA’s Debelle
Reserve Bank of Australia assistant governor of financial markets Guy Debelle says current account deficits are not always bad and do not necessarily equate to an imbalance
France’s Noyer assesses economic implications of Basel III
Banque de France governor Christian Noyer says implementation of Basel III designed to reduce economic impact of tougher regulation
Minneapolis Fed’s Kocherlakota urges review of US tax code
Minneapolis Federal Reserve president Narayana Kocherlakota says US lawmakers must reduce incentives by households and financial institutions to overleverage
QE2 is classic monetary policy: Fed’s Bullard
St Louis Federal Reserve president James Bullard says effects of quantitative easing too similar to interest rate loosening
BoE’s Fisher: markets uncertain over new regulation
Bank of England executive director of markets Paul Fisher says UK financial markets are hesitant over new regulatory regime
Canada’s Côté talks shadow-banking regulation
Bank of Canada deputy governor Agathe Côté outlined policy options to regulate shadow-banking sector
RBI’s Chakrabarty on IT initiatives
Reserve Bank of India deputy governor KC Chakrabarty describes vision for new IT reforms in banking sector
BoJ’s Shirakawa on how to address tail risks
Bank of Japan governor Masaaki Shirakawa says public involvement is crucial in addressing tail risks
NY Fed’s Dudley on development of bank stress tests
New York Federal Reserve president William Dudley says development of stress tests is an ongoing process
MAS’s Lim reviews universal banking model
Monetary Authority of Singapore deputy chairman Lim Hng Kiang debates strengths and risks of universal banking model
RBA’s Debelle calls for greater focus on banks’ asset quality
Reserve Bank of Australia assistant governor Guy Debelle says greater weight should be placed on asset quality rather than funding structure of banks