Speech
Interest rates can only dampen systemic risk: Norway’s Olsen
Norges Bank governor Øystein Olsen says interest rate rise could have dampening effect on build-up of systemic risks but price stability remains primary objective
Bernanke urges government to promote R&D
Federal Reserve chairman Ben Bernanke says government can support research and development by fostering better climate for private investment
IMF’s Lipsky considers yuan in future SDR
IMF first deputy managing director John Lipsky says renminbi is “serious candidate” for inclusion in special drawing rights
Malaysia’s Zeti urges more reforms to Islamic financial system
Bank Negara Malaysia governor Zeti Akhtar Aziz calls for further development of cross-border framework in Islamic financial system
Monetary policy, a fine balancing act: Sweden’s Ingves
Riksbank governor Stefan Ingves says policymakers must maintain balance between theory and practice in monetary policy decisions
Bernanke on US gains from Mexico trade ties
Federal Reserve chairman Ben Bernanke says United States has benefited immensely from its strong trade links to Mexico
Trichet on the building blocks for financial reconstruction
European Central Bank president Jean-Claude Trichet describes three ways in which finance must be rebuilt
Bernanke: Fed striving to ensure level playing field
Federal Reserve chair Ben Bernanke outlines road map ahead for Basel Committee and the Financial Stability Board
We can never get rid of financial instability: FDIC’s Bair
FDIC chair, Sheila Bair says it is impossible to regulate to remove all financial instability; Dodd-Frank reforms “can make the core of our financial system more resilient to shocks”
ECB’s Tumpel-Gugerell: self-regulation hasn’t worked for Sepa
European Central Bank executive board member Gertrude Tumpel-Gugerell acknowledges banks’ progress “has not achieved the required results”
Philly Fed’s Plosser offers perspective on economic outlook
President of Philadelphia Federal Reserve notes “somewhat troubling” movements of inflation expectations
Watch out for policy spillovers: Subbarao
Reserve Bank of India governor warns that process of globalisation can cause unexpected policy spillover damage
Rebalancing of global economic policy urged: ECB’s Stark
Stark calls for “a fundamental change in economic mindset across the global economy”
SNB’s Hildebrand unconvinced on need for global safety net
Swiss National Bank chairman cites three reasons why global mechanism for liquidity provision may not be necessary
Fed’s Duke on the wonders of virtual collaboration
Federal Reserve’s Elizabeth Duke on how Fed is using the web to reach out to the public
Don’t hand over reins to markets: ECB’s Bini Smaghi
European Central Bank’s Lorenzo Bini Smaghi sets out four reasons why sovereigns’ fates should not be left in the hands of markets
BoE’s Haldane calls for policy action on short-termism
Bank of England’s Andrew Haldane says public policy intervention may be needed to correct capital market myopia
Bank’s Bailey sees positive future for building societies
Andrew Bailey puts FSA hat on and delivers speech in new role
EU governance reform falls short of quantum leap: Trichet
European Central Bank president Jean-Claude Trichet calls for less discretion to application of Stability and Growth Pact
Bheenick wards off pressure to intervene in foreign currency markets
Bank of Mauritius governor Rundheersing Bheenick says central bank will not intervene in markets to artificially depreciate rupee
Cash has a future: Sweden’s Nyberg
Riksbank deputy governor Lars Nyberg predicts cash will continue to be used for payment despite decline in usage
Dallas Fed’s Fisher urges policymakers to focus on underlying inflation
Dallas Federal Reserve president Richard Fisher says policymakers should pay greater attention to underlying rather than headline inflation
Mersch on Basel III liquidity proposals
Central Bank of Luxembourg governor Yves Mersch says Basel III bank liquidity proposals will prevent build-up in liquidity risk
ECB’s Tumpel-Gugerell on cost of ex-post crisis measures
European Central Bank executive board member Gertrude Tumpel-Gugerell says large costs to clean up asset-price bubbles should lend support to more preemptive policies