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Compliance key for subprime solution

The Federal Reserve's planned rule to aid subprime homeowners must be effectively enforced if it is to be successful, said Randall Kroszner, the governor of the Federal Reserve responsible for supervision.

Fukui reviews Japanese monetary policy

Japan's economy is expected to continue expanding moderately, although for the time being the pace of growth is likely to slow because of sluggish housing investment, said Toshihiko Fukui, the central bank governor, paving the way for possible rate hikes.

Sri Lanka's Jayamaha notes IT's impact

The rapid advancement in information and communication technology has had a profound impact on the Sri Lankan banking industry and the wider financial sector over the last two decades, said Ranee Jayamaha, a deputy governor at the central bank.

SNB's Jordan on uncertainty

Monetary policy decision-makers must be aware of uncertainty and the limitations of their knowledge, said Thomas Jordan, a member of the governing board of the Swiss National Bank.

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