Speech
Fed's Lacker: US may avoid recession
Growth has been slow for 2008, but the US has avoided a recession and the odds of a severe downturn appear to have fallen, said Jeffrey Lacker, the president of Richmond Fed.
Productivity is the priority for Fiji
Savenaca Narube, the governor of the Reserve Bank of Fiji, called for the authorities to increase economic growth by raising productivity.
RBA's Stevens negative on US and Aussie outlook
Both the United States and Australia face significant, but different, economic challenges, Glenn Stevens, the governor of the Reserve Bank of Australia, said on Friday.
Macedonia's Goshev commends economic performance
Macedonia has made a great deal of progress in the past few years and is quickly moving closer to the more advanced transition economies, Petar Goshev, the governor of the country's central bank, said.
Swiss housing market stable, says SNB's Roth
The Swiss housing market is unlikely to perform as badly as its US counterpart in the coming months, Jean-Pierre Roth, the chairman of the Swiss National Bank's governing board, believes.
Low inflation will foster growth:Zambia's Fundanga
The achievement and maintenance of a low and stable inflation rate is essential for economic growth, Caleb Fundanga, the governor of the Bank of Zambia, stated.
EU supports regulatory role for central banks
The recent financial turmoil has underlined the importance of central banks' role in supervision, said Lorenzo Bini Smaghi, a member of the European Central Bank's executive board.
Futures markets still a useful tool: Bernanke
Policymakers should still look to futures markets to derive their price forecasts of key commodities despite their inaccuracy, Ben Bernanke, the chairman of the Federal Reserve, said.
Turmoil caused by lethal cocktail: Buba's Weber
Axel Weber, the president of the Bundesbank, blamed the credit crunch on a cocktail of events.
Korea's Lee on uncertainty
Seongtae Lee, the governor of the Bank of Korea, highlighted the vast contrast in views on how best to handle uncertainty.
CNB's Tuma suggests approaches to euro adoption
Zdenek Tuma, the governor of the Czech National Bank, has outlined two possible strategies for euro adoption.
Economy more resilient: Japan's Shirakawa
Japan's economy is likely to grow at a slower pace for the time being, but it is more resilient now than in the past, Masaaki Shirakawa, the governor of the country's central bank, told lawmakers.
India's Reddy: food demand to stay high
Y.V. Reddy, the governor of the Reserve Bank of India, believes demand for agricultural products will remain high for the next two to three decades.
Fiji's Narube on fostering SME growth
For Fiji's small- and medium-sized enterprises to succeed, they needed to have vision, commitment and resources, Savenaca Narube, the governor of the Reserve Bank of Fiji, said.
Present doesn't mirror 1970s: Bernanke
The differences between the US economic landscape of the mid-1970s and the present are more pronounced than the similarities, Ben Bernanke, the chairman of the Federal Reserve, said.
Riksbank's Nyberg on the pros of card payments
Lars Nyberg, a deputy governor of the Riksbank, has urged Swedish consumers to pay for goods with cards rather than cash.
Payment systems need more competition: RBA
The Reserve Bank of Australia remains concerned about the competitiveness of the country's payments system, despite improvements, said Philip Lowe, the assistant governor responsible for the financial system at the central bank.
OMOs have contributed to calm: Japan's Shirakawa
Masaaki Shirakawa, the governor of the Bank of Japan, praised the flexibility of the central bank's money market operations, which had contributed to the relative stability of the country's short-term funding market.
Tough rules have aided Spanish banks: Ordoez
The Bank of Spain's approach to supervision helped ensure that the recent global financial turmoil had limited impact on the country's banking sector, Miguel Fernandez Ordoez, the governor of the central bank, said.
SA Mboweni voices agflation fears
Agflation has serious implications for South Africa's poor and unemployed, Tito Mboweni, the governor of the country's Reserve Bank, stressed.
India's Thorat on the limits of financial literacy
Financial literacy can lead to informed and responsible consumers, but it cannot by itself ensure consumer protection, said Usha Thorat, a deputy governor at the Reserve Bank of India.
Keep a closer eye on money markets: Fed's Kohn
The recent financial market turmoil has shown that greater attention should be paid to money markets, Donald Kohn, the vice-chairman of the Federal Reserve, says.
FSF proposals require careful implementation
The Financial Stability Forum's (FSF) recommendations must be implemented in such a way that ensures financial systems becomes less prone to instability, Nout Wellink, the governor of the Netherlands Bank, comments.
Mboweni on the crunch
Tito Mboweni, the governor of the South African Reserve Bank, said "the fact that we have not had to be concerned about liquidity and financial stability issues has allowed the Bank to continue focussing on its objective of bringing inflation back to…