Speech
Incentives needed for e-payment transition
Consumers and merchants need incentives to move from paper-based to electronic payment instruments, said Jan Qvigstad, the deputy governor of Norges Bank.
EU regulators must work together: Swedish deputy
Barbro Wickman-Parak, a deputy director at the Riksbank, has said that the European Union (EU) organisations for supervision and crisis management need to be better coordinated.
Bank's Besley: inflation below target in 2009
Inflation is likely to fall below target next year despite the upward pressure on inflation from the weakening pound, said Timothy Besley, a member of the Bank of England's Monetary Policy Committee.
Euro a solution for currency risk: Hungary's Simor
Euro adoption could help eliminate potentially dangerous currency mismatches, said Andras Simor, the governor of the National Bank of Hungary.
France's Noyer calls for exchange-rate flexibility
The unwinding of global imbalances requires greater flexibility from countries with large current account surpluses and fixed exchange rates, said Christian Noyer, the governor of Banque de France.
IMF's Lipsky: fiscal stimulus required
Global fiscal stimulus of 2% of GDP is required in the current situation, said John Lipsky, the first deputy managing director of the International Monetary Fund.
Fed's Hoenig wants rules for Wall Street failures
A clear set of rules for handling investment bank bankruptcies is needed, said Thomas Hoenig, the president of the Kansas City Federal Reserve.
Renminbi going global - HKMA's Pang
The renminbi could in time become a significant currency for global trade, Peter Pang, a deputy chief executive at the Hong Kong Monetary Authority.
CNB's Singer: inflation to dip in 2009
Headline inflation is expected to drop below the current 3% inflation target in 2009 and to hit the new target of 2%, set for 2010, at the end of next year, said Miroslav Singer, a vice governor of the Czech National Bank.
Fed's Kohn: macro models wrong
Macroeconomic models used by central banks to inform their monetary-policy decisions are clearly inadequate, admitted Donald Kohn, the vice-chairman of the Federal Reserve.
Banks not saved for their sake - Sveriges Ingves
We are not saving banks and their management for their own sake or the sake of their shareholders, said Stefan Ingves, the governor of the Sveriges Riksbank.
Scrap bonuses - Basel Committee's Wellink
Bonuses for executives in the financial sector could be scrapped altogether, said Nout Wellink, the president of the Netherlands Bank and the chairman of the Basel Committee on Banking Supervision.
Pakistan's Akhtar: inflation alert
High inflation is hurting Pakistan's competitiveness and eroding the purchasing power of the poor, said Shamshad Akhtar, the governor of the State Bank of Pakistan.
Historic shift for financial sector - Fed's Warsh
We are witnessing perhaps the fastest, most significant structural shift in the history of the financial services sector, said Kevin Warsh, a governor at the Federal Reserve.
Sweden's Nyberg on EU crisis coordination
Voluntary agreements for crisis management in the European Union have not proved helpful, said Lars Nyberg, a deputy governor of the Riksbank.
Thailand's Nijathaworn calls for regulatory unity
Bandid Nijathaworn, a deputy governor at the Bank of Thailand, has called for domestic and international harmonisation of financial regulation in order to avoid the harmful arbitrage associated with the current turmoil.
Sri Lanka's Cabraal on limiting terrorist funding
We need to be a step ahead and work together to counter the financing of terrorist activities, said Ajith Nivard Cabraal, the governor of the Central Bank of Sri Lanka.
ECB's Bini Smaghi: Europe must liberalise
Lorenzo Bini Smaghi, a member of the European Central Bank's executive board, has claimed that rigid European labour and product markets hamper the ability of economic policies to foster growth.
Spain's Ordonez - monetary policy to blame
Miguel Fernandez Ordonez, the governor of the Bank of Spain, has blamed central banks' reluctance to raise rates in the wake of the dotcom crash as the principal cause of the current crisis.
Integration and openness vital: Italy's Draghi
Confronting the challenges posed by the current crisis requires greater integration and market openness, said Mario Draghi, the governor of the Bank of Italy.
Real and financial sector linked - Fed's Warsh
The US economy will recover sooner than expected if banks are willing to find new ways of lending, said Kevin Warsh, a governor at the Federal Reserve.
Philippine's Tetangco - links with US decisive
The macroeconomic impact of the current turmoil on Philippine's economy will depend on trade links with the United States, remittances and investments, said Amando Tetangco, the governor of the Central Bank of Philippines.
Norway's Qvigstad on the benefits of transparency
Central bank transparency improves the quality of both communication and the decision-making process, said Jan Qvigstad, the deputy governor of the Norges Bank.
Policymakers added to volatility: Fed's Lacker
Shifts in expectations regarding the chances of official intervention may have made financial markets more volatile, said Jeffrey Lacker, the president of the Richmond Federal Reserve.