Speech
NY Fed’s Sack prepares market for smooth exit
Markets head Sack says tightening cycle “like no other in history”
BoE’s Barker on the future of policymaking
Kate Barker draws on her nine years of service at the Bank of England to highlight some of the challenges facing policymakers
BoJ’s Nakamura declares ordinary policy tools redundant
In a high profile speech in Fukuoka last month, Bank of Japan’s Seiji Nakamura tells business leaders that ordinary channels of the transmission mechanism are not working
DSK on Africa’s economic transformation
International Monetary Fund managing director Dominique Strauss-Kahn describes the Road Ahead for Africa at the Kenya International Conference Centre in Nairobi
IMF deputy on drivers of the Asian recovery
International Monetary Fund first deputy managing director Murillo Portugal says Australia has done well as a result of Chinese commodity demand, but must watch out for a cooling off
Bangladesh’s Rahman welcomes remittance improvements
Bangladesh Bank governor Atiur Rahman says banks, microfinance companies and IT specialists should continue working together to increase access to finance
Longworth praises Canada’s astute liquidity management
Bank of Canada deputy governor David Longworth says central bank has been thoughtful and measured, assuring markets that support is available but ensuring that it is only used in dire circumstances
Banks’ profits plunged 40%: Greece deputy
Bank of Greece deputy governor Eleni Dendrinou-Louri says profits fell more than 40%, accompanied by a disconcerting rise in trading income
Stimulus is not the bulk of debt: Fund’s Lipsky
International Money Fund first deputy John Lipsky says underlying increases in spending and lower taxes from financial sector underpin the debt burden, rather than stimulus
Ghana’s Amissah-Arthur explains early 2009 hike
Bank of Ghana governor Kwesi Bekoe Amissah-Arthur says the West African country’s government has made vital progress in cutting spending, allowing key rates to be lowered
Merge G20 and IMF: Norway’s Gjedrem
Norges Bank governor Svein Gjedrem calls for the two bodies to be combined, and underpinned by principles that mean all countries, irrespective of size, have their voices heard
Fed’s Duke on lending to small business in the US
Duke optimistic of recovery in lending in 2010
Slaves of defunct economists
European Central Bank’s Lorenzo Bini Smaghi revisits Keynes
MPC’s Miles leaps to the defence of QE
Rate-setting committee’s external member David Miles says the Bank’s asset purchase programme has shored up the private sector despite focus on gilt purchases
Taylor rule has not removed need for judgement: RBI’s Subbarao
Reserve Bank of India governor Duvvuri Subbarao says the celebrated monetary policy rule provides a policy basis, but central banks need to apply it with relativism
Export recovery will lose speed: BoJ’s Yamaguchi
Bank of Japan deputy governor Hirohide Yamaguchi says pace of export and production recovery to slow, but economy will gain momentum in the summer
Australia has learnt to deal with mining booms: Battellino
Reserve Bank of Australia deputy governor Ric Battellino says floating exchange rate, refined monetary and fiscal frameworks key to coping with demand surge
Bank had different objectives with corporate bond purchases: Fisher
Bank of England’s executive director for markets Paul Fisher says the central bank’s asset purchase facility has achieved what it set out to do
Uganda’s Kaskende: help us prepare for reform
Bank of Uganda deputy says firms must pave way for change with new reporting standards
Real-estate poses threat to recovery: Minneapolis Fed’s Kocherlakota
Minneapolis Fed president Narayana Kocherlakota echoes recent comments from other regional Fed leaders in his first speech, says recovery will be slow
Corporate bond activity booming in Singapore: MAS executive director
Monetary Authority of Singapore executive director Kola Luu says the island is considered a gateway to major markets in South and East Asia
Deputy: Canada could keep new OMOs post crisis
Bank of Canada’s David Longworth says crisis-fighting operations could stay part of central bank’s toolkit
No new Bretton Woods: Ex-BIS head
Former general manager of Bank for International Settlements says world now too pluralistic
Strong basics numbed crisis impact: Mexico deputy Sánchez
Bank of Mexico deputy governor Manuel Sánchez says fiscal solvency, exchange rate and strong central bank insulated the country from the worst of the crisis