Speech
Kohn defends Fed against moral hazard claims
Donald Kohn, the vice-chairman of the Federal Reserve, defended the Federal Reserve against claims that its monetary policy feeds moral hazard because its responses to booms and busts in asset prices are asymmetrical.
Bernanke's Capitol Hill testimony
Ben Bernanke, the chairman of the Federal Reserve, testified before the US House of Representatives' Committee on Financial Services on 20 September. In this testimony he discusses the Fed's response to the subprime-mortgage crisis and possible…
Nyberg on monetary and financial stability
The interaction of monetary and financial stability is one of the most discussed issues in central banks and academia today, and is likely to remain high on the agenda for the foreseeable future, said Lars Nyberg, a deputy governor at Sweden's central…
Trichet's testimony to Parliament
The president of the European Central Bank, Jean-Claude Trichet, testified to the Euroepan Parliament's Economic and Monetary Affairs Committee earlier in the month.
RBA's Stevens on Australia and financial markets
Recent events are putting financial systems to the test around the world, observed the governor of the Reserve Bnak of Australia at a speech in Sydney on Tuesday.
Kozaric on ten years of the BiH
Kemal Kozaric, the governor of the Central Bank of Bosnia and Herzegovina, looked back on ten years of central banking in the country.
FSA pronounces on Northern Rock
The Financial Services Authority, the UK's financial watchdog, made an announcement today about Northern Rock.
Norwegian deputy predicts lower bank profits
Jarle Bergo, the deputy governor of the Central Bank of Norway, said on Thursday that conditions in the property and money markets were likely to drive down commercial banks' profit margins.
India's Reddy discusses monetary policy
Y.V. Reddy, the governor of the Reserve Bank of India, said that the central bank's monetary policy would alter if turmoil in the financial markets threatened the country's economic stability.
Opacity led to turmoil - Canada's Dodge
David Dodge, the governor of the Bank of Canada, believes a lack of transparency is partly to blame for the recent turmoil in the financial markets.
New payment system working well - Fiji's Narube
Savenaca Narube, the governor of the Reserve Bank of Fiji, announced that the country's new payment system was now up and running.
Bernanke discusses US deficit
Ben Bernanke, the chairman of the Federal Reserve, explained why he thought the US current account deficit had grown so rapidly before saying that the deficit was likely to decrease in the years ahead.
Real economy under threat - Fed's Mishkin
Frederic Mishkin, a member of the Board of Governors at the Federal Reserve, reiterated his view, expressed earlier this month at Jackson Hole, that the subprime crisis will drive down real economic growth.
Turmoil will impact global economy- IMF's de Rato
Rodrigo de Rato, the managing director of the International Monetary Fund, said the recent bout of money-market volatility will affect global growth.
Deputy looks to explain Japan's low inflation
Toshiro Muto, a deputy governor of the Bank of Japan, said he believes there are three reasons why the country's inflation rate has remained low in spite of economic growth.
Mboweni discusses role of forecasting
Tito Mboweni, the governor of the South African Reserve Bank, discussed the limitations of economic forecasting in a speech given in Johannesburg on Wednesday.
Fed's Kroszner on the 1997 Asian crisis
Randall Kroszner, a governor of the Federal Reserve, said that he would "offer some thoughts about ways to analyse and assess the impact of banking crises on real economic activity."
Japanese deputy discusses housing
Kazumasa Iwata, a deputy governor of the Bank of Japan, discussed links between the housing market and monetary policy at a symposium sponsored by the Federal Reserve Bank of Kansas City on 1 September.
Deputy discusses Australian reaction to turmoil
Ric Battellino, deputy governor of the Reserve Bank of Australia, spoke about the central bank's handling of the recent bout of market turmoil at the Retail Financial Services Forum on Central Bank Market Operations in Sydney on 28 August.
Singapore's capital markets impressive
Kola Luu, executive director of the financial markets strategy department at the Monetary Authority of Singapore, in a speech at the ACI Forum on 3 September 2007, highlighted the good performance of Singapore's domestic capital markets.
Islamic finance growing fast - Malaysian governor
Tan Sri Dato' Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, said that the Islamic finance industry is expanding by 15% to 20% a year, with demand outstripping supply.
Banknotes remain important - SA chief economist
Monde Mnyande, the chief economist of the South African Reserve Bank said that the ratio of coins and notes in circulation to gross domestic product has risen since 2004, after the ratio had declined steadily since the mid seventies.
Targeting is the best approach - Canada's Duguay
Pierre Duguay, a deputy governor of the Bank of Canada, said that the central bank would continue to use inflation targeting as part of its monetary policy.
Role of regulator is changing - Sri Lankan deputy
Ranee Jayamaha, the deputy governor of the Central Bank of Sri Lanka, has said that regulators should take a more principles-based and risk focused approach towards rule making.