Speech
Turkey and the crisis
Monetary authorities in countries like Turkey, where relatively low increases have been observed in risk premia, have been able to cuts rates significantly, explained Durmus Yilmaz, the governor of the country's central bank.
Denmark's Bernstein admits options running out
Nils Bernstein, the governor of the National Bank of Denmark, has acknowledged that the central bank is running out of room to manoeuvre.
Monetary policy in turbulent times
The global financial crisis has hit the British economy hard, but this does not mean monetary policy should change its focus, said Andrew Sentance, a member of the Bank of England's rate-setting Monetary Policy Committee.
DSK: a mandate for change
The G20 summit in London has created a mandate for change, said Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF).
Crisis revealed SNB rate policy strength: Roth
The Swiss National Bank's (SNB) unique monetary policy proved useful in staving off a worsening of credit conditions in the wake of the financial crisis, Jean-Pierre Roth, the chairman of the central bank's governing board, has said.
Bernanke stresses benefits of innovation
Ben Bernanke, the chairman of the Federal Reserve, has urged lawmakers to beware of regulating to prevent financial innovation, though he acknowledged that new products had to be transparent and understandable.
Toxic assets must be removed: RBA's Stevens
Siphoning the toxic assets that plague banks' balance sheets is the first step in overcoming the current crisis, Glenn Stevens, the governor of the Reserve Bank of Australia, has said.
Portuguese-speaking states team up: Macao's Teng
Closer cooperation between financial regulators can enhance the positive impact of financial industry on the economy of Portuguese-speaking countries, said Anselmo Teng, the chairman of the Monetary Authority of Macao.
Albania's Ibrahimi: euro liquidity crucial
It is important that a reasonable flow of euros from banking groups' headquarters to their foreign subsidiaries is maintained, said Fatos Ibrahimi, the first deputy governor of the Bank of Albania.
Australia's Ellis: higher wages aided economy
One of the reasons why Australia is coping better amid the turmoil is that real earnings of average Australian workers were growing much faster than in the United States, said Luci Ellis, the head of the financial stability department at the country's…
Boston Fed's Connolly on getting graduates to stay
Paul Connolly, the first vice president of the Boston Federal Reserve, has said that firms must do more to entice graduates to stay on in the area after their studies end.
India wants to attract overseas bankers
Highly-skilled people from abroad are now available at a reasonable cost in view of employment cuts abroad and may propel India towards high-speed growth in all the sectors, said Shyamala Gopinath, the deputy governor of the Reserve Bank of India.
Buba's Weber against new European authorities
The Bundesbank is strongly against the De Larosiere report's proposition to create new European authorities out of the three Lamfalussy committees, said Axel Weber, the president of the central bank.
Bernanke sees shoots of recovery
There are tentative signs that the sharp decline in economic activity may be slowing, said Ben Bernanke, the chairman of the Federal Reserve.
SA's Mminele on Southern Africa's goals
The Southern African Development Community's goal is to achieve a single currency and a regional central bank by 2018, said Daniel Mminele, an executive general manager of the South African Reserve Bank.
Iceland's Oygard optimistic on recovery
Svein Oygard, the new governor of the Central Bank of Iceland, is confident that the country can become an exemplar of how to conduct a swift economic recovery.
Bernanke: emergency aid will be repaid
The Federal Reserve's support facilities for specific institutions carry more risk than traditional central bank liquidity support, but we nevertheless expect to be fully repaid, said Ben Bernanke, the chairman of the central bank.
ECB's Bini Smaghi: central banks' teamwork unique
The level of trust and cooperation within the central-banking community has increased significantly during the crisis, said Lorenzo Bini Smaghi, a member of the European Central Bank's executive board.
Spain's Ordoez: politics is costly
Involving savings banks in the political debate makes it immensely difficult to find flexible and effective solutions, said Miguel Ordoez, the governor of the Bank of Spain.
Fed's Warsh: panic may have long-run impact
The panic that has marked the current financial and economic turmoil may also have long-run implications, said Kevin Warsh, a governor at the Federal Reserve.
SNB's Hildebrand: crisis demands overreaction
The risks associated with doing too little are far greater than those of doing too much, Philipp Hildebrand, the vice-chairman of the Swiss National Bank, has warned.
Uniform banking rules crucial: Norway's Gjedrem
All global supervisory authorities must take a uniform approach to regulating banks, said Svein Gjedrem, the governor of the Norges Bank.
Intervene with care in credit markets: BoJ's Noda
In conducting outright purchases of credit-market instruments to facilitate corporate financing, it is important to strike a balance, said Tadao Noda, a member of the central bank's rate-setting board has said.
Fed right choice for stability role: KC's Hoenig
The Federal Reserve must fill the role of financial-stability regulator, said Thomas Hoenig, the president of the Kansas City Fed.