Speech
Don't shun Asia: Singapore deputy
Investors have to take a longer term view and continue to chase opportunities in Asia in spite of the subprime crisis in the United States denting confidence, Lim Hng Kiang, the deputy chairman of the Monetary Authority of Singapore, said.
BoE must remain focused on inflation
Monetary policy in the UK ought to remain focused on achieving price stability as defined by the inflation target, Tim Besley, a member of the Bank of England's rate-setting committee, has said.
Fed's Plosser on the benefits of education
Education is critical to the long-run well-being of our economy and everyone who participates in it, said Charles Plosser, the president of the Philadelphia Federal Reserve.
RBI deputy on financial sector consolidation
An increasing number of India's private sector banks are now deciding to merge with one another, Shri Leedladhar, a deputy governor at the Reserve Bank of India, noted.
Chief economist underlines BoE's "tricky" task
The juxtaposition of the recent shocks to both inflation and growth makes the task of the Bank of England's Monetary Policy Committee particularly tricky, Charlie Bean, the Bank's chief economist, noted.
Trichet on the euro's success
A high level of central bank credibility has ensured that the creation of the euro has been a success story, Jean-Claude Trichet, the president of the European Central Bank (ECB), said.
India's Reddy on the global economy
The Reserve Bank of India is optimistic that the country's mutually beneficial relationship with the global economy will continue, Y.V. Reddy, the governor of the central bank, said.
Crisis underlines importance of liquidity
The current credit crunch has shown how essential liquidity is to both markets and institutions, Glenn Stevens, the governor of the Reserve Bank of Australia, noted.
Turmoil hampering SWF: Norway's Gjedrem
Heightened uncertainty concerning the financial system and global growth prospects are impacting the Government Pension Fund, Norway's sovereign wealth fund, Svein Gjedrem, the governor of the country's central bank, acknowledged.
Private sector must revive its central role
US credit markets will only begin to recover once the private sector reclaims its role in providing liquidity from the Federal Reserve, Kevin Warsh, a governor at the central bank, predicted.
Serbia's Jelasic praises SEPA
The Single Euro Payments Area (SEPA), a eurozone-wide payments initiative, is an excellent example of how technology can be used to facilitate development of the financial sector, said Radovan Jelasic, the governor of the National Bank of Serbia.
SA economies unaffected by turmoil
The economies of Southern Africa have remained strong despite the volatility in global financial markets, Tito Mboweni, the governor of the South African Reserve Bank, said in a recent speech.
Canada monitoring credit conditions
The Bank of Canada is looking at the impact of the unusually wide credit spreads, prevalent in the country's money markets since the summer, on financial stability, inflation and monetary policy, said David Longworth, a deputy governor at the central…
Financial literacy crucial - Bernanke
US states should consider making personal finance a requirement for all students who seek a high-school diploma, said Ben Bernanke, the chairman of the Federal Reserve.
Bollard advocates New Zealand's economic strength
Banks should avoid overreacting to the economic downturn as the New Zealand economy remains fundamentally sound and creditworthy, said Alan Bollard, the governor of the Reserve Bank of New Zealand.
Payments industry lacks competition
If we want to speed up the development in payment services, we need to increase competition in the market, said Erkki Liikanen, the governor of the Bank of Finland.
ECB's Bini Smaghi: sharp easing a dangerous game
Excessive rate reduction can weaken prices of domestic assets, potentially destabilising markets, said Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank.
Fed's Yellen sees economic up-tick
Monetary easing and fiscal stimulus will boost US growth in the coming quarters, said Janet Yellen, the president of the San Francisco Fed.
Fed's Kroszner: subprime lessons for Latin America
Latin America is not decoupled from the US and the rest of the world. It is increasingly connected through global capital flows and capital markets, said Randall Kroszner, a governor of the Federal Reserve.
Canada's Jenkins: domestic adjustments crucial
We need to encourage flexibility and adaptability in internal markets in order to adjust to cyclical economic shocks, said Paul Jenkins, the senior deputy governor of the Bank of Canada.
Supervisory information essential - ECB's Mersch
It is of utmost importance that a central bank has access to supervisory information, said Yves Mersch, the governor of the Central Bank of Luxembourg and a member of the European Central Bank's Governing Council.
ECB's Stark calls for structural reforms
Flexibility in wages and prices plays a pivotal role in helping the EU adjust to adverse shocks, said Jurgen Stark, a member of the executive board of the European Central Bank.
Communication reinforces commitment: Fed's Mishkin
Communication which increases transparency and accountability can play a key role in helping central banks demonstrate commitment to a nominal anchor, said Frederic Mishkin, a governor of the Federal Reserve.
Turkey's Yilmaz on managing inflation expectations
New communication tools have played an essential role in managing inflation expectations in Turkey, said Durmus Yilmaz, the governor of the central bank.