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Speech

BoE's Lomax notes dramatic shift in outlook

The persisting financial turmoil and the build up in global inflationary pressures have led to a dramatic change in the outlook for 2008 and beyond, Rachel Lomax, a deputy governor at the Bank of England, said.

Sentance warns of slowdown

Andrew Sentance, a member of the Bank of England's Monetary Policy Committee, has warned of the possibility of a "more significant and sustained" slowdown than those of the recent past.

New Canadian governor on globalisation

In this speech - his first as governor of the Bank of Canada - Mark Carney links the dramatic increase in highly structured credit products with emerging-market economies' role as exporters of capital.

Jelasi on anniversary of central bank law

Radovan Jelasi, the governor of the National Bank of Serbia, hailed efforts of the founding fathers of the central bank who, he said, "understood the need for the young Serbian state to pursue the most advanced European standards."

Fed's Evans sees pause in rate cuts

Charles Evans, the president of the Chicago Federal Reserve Bank, said that the recent interest rate reductions taken by the Fed should be sufficient to help promote moderate growth over time and mitigate the risks to economic activity.

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