Speech
Unemployment to weaken recovery: Bernanke
Federal Reserve chairman Ben Bernanke says moderate economic recovery is likely to keep unemployment high
PBoC’s Yi promotes Chinese-EU financial co-operation
People’s Bank of China deputy governor Yi Gang promotes benefits of financial co-operation between China and the European Union
US growth outlook encouraging, says Kansas City Fed’s Hoenig
Kansas City Federal Reserve president Thomas Hoenig says US expected to grow at moderate pace in next few years
PBoC’s Zhou on market-based interest rate reform
People’s Bank of China governor Zhou Xiaochuan outlines the conditions for market-based interest rate reform
Israel’s Fischer on the meaning of macroprudential policy
Bank of Israel governor Stanley Fischer stresses importance of interconnections in interpreting the macroprudential mandate
Norway’s Olsen stresses importance of transparency in welcome address
Norges Bank’s new governor pledges to maintain inflation targeting regime in its current form; central bank “very well equipped” to manage sovereign wealth fund
Spain’s Aríztegui on savings banks mergers
Bank of Spain deputy governor Javier Aríztegui discusses institutional protection schemes
Accountability and risk management key to banking: Albania’s Fullani
Bank of Albania governor Ardian Fullani tells bankers how central bank is raising the standards against which they are judged
RBI's Mohanty on private investment
Reserve Bank of India executive director on why private investment remains relatively low in Asia
Sama's Al-Jasser on the role of SMEs
Saudi Arabian Monetary Agency governor Muhammad Al-Jasser points to importance of small and medium enterprises; calls for care and development of sector
Pakistan's Kardar on domestic inflation dynamics
State Bank of Pakistan governor Shahid Kardar explains burgeoning price growth; cites government spending on subsidies as a factor
SNB’s Danthine on T2S participation
Swiss National Bank governing board member Jean-Pierre Danthine discusses central bank’s thinking on Target2-Securities project
Carney cautions on dangers of low rates
Bank of Canada governor Mark Carney warns that cheap money is far from viable as a long-term growth strategy
Bank’s Bean mounts QE2 defence
Bank of England deputy governor Charles Bean says criticisms that QE2 is inflationary, will spark inflows in emerging markets, are incorrect
Four steps to financial stability: Turkey’s Yilmaz
Central Bank of Turkey governor Durmuş Yılmaz says debt ratios, maturities, forex positions and exchange rate risk key factors
Shirakawa on boosting productivity growth
Bank of Japan governor Masaaki Shirakawa says upping productivity growth tough but necessary; points to areas for improvement
Reaffirming HK’s position as wealth management hub
Hong Kong Monetary Authority’s Meena Datwani on what has been done in order to preserve the territory’s reputation as a regional wealth management hub
RBA’s Debelle on bank funding and capital flows
Reserve Bank of Australia’s Guy Debelle says crisis has had “marked impact” on global financial flows
Denmark’s Bernstein cites fiscal, Basel III worries
National Bank of Denmark governor Nils Bernstein says Copenhagen must keep tight rein on debt; banks must resolve adjustable rate loan refinancing issues
HKMA’s Chan stresses importance of SME financing
Hong Kong Monetary Authority chief executive Norman Chan unveils central bank’s new financing scheme for small and medium enterprises
Ghana’s Amissah-Arthur: bank ownership should be broadened
Bank of Ghana governor Kwesi Bekoe Amissah-Arthur says Accra holds too much of banks’ shares; calls for a well-managed offloading of stock
RBI’s Gokarn on post-crisis paradigm shift
Reserve Bank of India deputy governor Subir Gokarn calls for flexibility, greater use of prudential measures in monetary policy
Strauss-Kahn: global growth can reduce poverty in low-income countries
IMF managing director Dominique Strauss-Kahn says cooperation between countries from advanced and emerging economies can help reduce poverty in low-income countries
ECB launches two educational games
European Central Bank president Jean-Claude Trichet says launch of educational games will inform public about monetary policy activities