Speech
Richmond Fed’s Lacker on economic outlook for 2011
Richmond Federal Reserve president Jeffrey Lacker says recovery has emerged from soft patch and will grow above trend in 2011
FDIC’s Bair calls for reform of mortgage servicing model
Federal Deposit Insurance Corporation chair Sheila Bair says reform of mortgage servicing business model needed in order to realign mortgage servicers’ incentives when managing mortgage payments
Korea’s Kim promotes debate on enhancing macroprudential tools
Bank of Korea governor Kim Choongsoo encourages debate within international circles on more advanced forms of macroprudential instruments to ease emerging market risks
Trinidad and Tobago’s Williams on economic outlook for 2011
Central Bank of Trinidad and Tobago governor Ewart Williams says growth in Caribbean state during 2011 hinges on recovery in domestic demand
Philly Fed’s Plosser on limitations of monetary policy
Philadelphia Federal Reserve president Charles Plosser warns active use of monetary policy will not stabilise economy
Jamaica’s Wynter: correct policies can ease inflation
Bank of Jamaica governor Brian Wynter says stable public finances and central bank autonomy can alleviate inflationary pressures
Boston Fed’s Rosengren parries inflationary fears
Boston Federal Reserve president Eric Rosengren says latest quantitative easing programme is not inflationary
Trichet predicts positive momentum to carry through to 2011
European Central Bank president Jean-Claude Trichet says euro area economy outlook for 2011 expected to remain positive, identifies some downside risks
Barbados’s Worrell on social impact of unemployment
Central Bank of Barbados governor DeLisle Worrell describes employment challenges of everyday Barbadians
BoJ’s Nishimura warns of challenge population ageing poses on recovery
Bank of Japan deputy governor Kiyohiko Nishimura says population ageing can have prolonged effects on balance sheet adjustments following crises
Israel’s Eckstein backs new gas levy
Bank of Israel deputy governor Zvi Eckstein supports committee recommendations on natural gas levy
Turkey’s Yilmaz says lost output recovered
Central Bank of Turkey governor Durmuş Yilmaz says growth in Turkey has returned to pre-crisis levels but weak exports continue to limit production
IMF’s Lipsky calls for major US fiscal consolidation
IMF first deputy managing director, John Lipsky, says measures to ease debt burden in Unites States could have broader benefits for global recovery
Canada’s Côté on households' role in recovery
Bank of Canada deputy governor Agathe Côté discusses balance of risks in household spending and impact on economic recovery
Labour market essential component of recovery: NY Fed’s Tracy
New York Federal Reserve executive vice-president Joseph Tracy says shape of US economic recovery relies on labour market improvements
Trichet proposes macroeconomic scoreboard system
European Central Bank president Jean-Claude Trichet outlines ideas for a new macroeconomic framework for euro area
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