Speech
Israel's Fischer on dollarization
In the speech 'Dollarization' given on 15 December Stanley Fischer of the Bank of Israel asks if dollarization, including full dollarization, should be avoided, why join EMU?
BoE's King: reform of international institutions
In the speech 'Through the looking glass: Reform of the international institutions' given on 21 December Mervyn King of the Bank of England said the IMF must focus on the spillover effects of economic policies and ensure its work is independent of member…
ECB's Tumpel-Gugerell on TARGET2-Securities
In the speech 'TARGET2-Securities meeting with market participants' given on 18 December Gertrude Tumpel-Gugerell of the ECB said safe and efficient clearing and settlement systems are essential for the overall functioning of the financial market and for…
Turkey's Yilmaz on dollarization
In the speech 'Dollarization - consequences and policy options' given on 14 December Durmus Yilmaz of the Central Bank of Turkey said it is apparent that the level of dollarization in Turkey is still high, which is an important challenge for monetary…
Kato on economic growth in the Arab countries
In the speech 'Institutions and economic growth in the Arab countries' given on 19 December Takatoshi Kato of the IMF said there is an enormous potential in the Arab region for improving the business environment.
Dallas Fed's Fisher: a wrap-up of the economy
In the speech 'A year-end wrap-up of the economy and a peek ahead' given on 19 December Richard Fisher of the Federal Reserve Bank of Dallas said rising inflation is a greater concern than a slowing economy and monetary policymakers may be forced to…
ECB's Trichet on the eurozone economy
In testimony to the European Parliament given on 20 December Jean-Claude Trichet of the ECB warned that eurozone inflation could rise and hover around 2 pct in both 2007 and 2008.
IMF's Kato on communications
In the speech 'Enhancing macroeconomic policies through communications' given on 18 December Takatoshi Kato of the IMF said the world economy has now seen several years of strong growth.
Roth on seventy years after the gold standard
In the speech 'Seventy years after - the final collapse of the gold standard in September 1936' given on 15 December Jean-Pierre Roth of the Swiss National Bank said the Swiss like to remember that their currency has only been devalued once since its…
NBP's Rybinski on global imbalances
In the speech 'Global imbalances and implications for emerging markets' given on 15 December Krzysztof Rybinski of the National Bank of Poland said an upcoming US slowdown would likely further increase excess saving and lower valuations of US equities…
berg: The Riksbank and wage bargaining
In the speech 'The Riksbank and the wage bargaining rounds' given on 18 December Svante berg of the Sveriges Riksbank said most indications are that we can look forward to wage bargaining rounds in 2007 that are compatible with continued good economic…
Wellink on goals and strategies of Basel
In the speech 'Goals and strategies of the Basel Committee' given on 11 December Nout Wellink of the Netherlands Bank and Chairman of the Basel Committee said the Basel Committee's goals are to provide a forum for information sharing, to promote…
Fischer on the openness of Israel's economy
In the speech 'The openness of Israel's economy to the global economy and the importance of Israel's joining the OECD' given on 11 December Stanley Fischer of the Bank of Israel said membership of the OECD would promote Israel's position in the important…
SNB's Roth on recent economic developments
In the speech 'Recent economic and financial developments in Switzerland' given on 14 December Jean-Pierre Roth of the Swiss National Bank said the economic situation in Switzerland has continued to improve.
Fed's Bernanke on the Chinese economy
In the speech 'The Chinese economy: Progress and challenges' given on 15 December Ben Bernanke of the Federal Reserve said Chinese policy-makers risk losing control of their economy unless they let the yuan rise in value and strengthen their financial…
SNB's Hildebrand on risk management
In the speech 'Risk management' given on 14 December Philipp Hildebrand of the Swiss National Bank said effective risk management requires that all relevant risks be identified and assessed regularly, in a manner that is as unbiased as possible.
Ireland's Hurley on SEPA and NPIP
In the speech 'The challenges ahead - SEPA and NPIP' given on 12 December John Hurley of the Central Bank and Financial Services Authority of Ireland said the SEPA project aims to ensure that all consumers throughout the euro area will have available to…
BoE's Gieve on pricing for perfection
In the speech 'Pricing for perfection' given on 14 December John Gieve of the Bank of England warned that while the UK financial system remains stable some vulnerabilities have edged up.
Fischer on the openness of Israel's economy
In the speech 'The openness of Israel's economy to the global economy and the importance of Israel's joining the OECD' given on 11 December Stanley Fischer of the Bank of Israel said it is important that Israel's membership of the OECD remain high on the…
Fullani on the Bank of Albania's progress
In the speech 'Bank of Albania - progress during 2006' given on 8 December Ardian Fullani of the Bank of Albania said that we are carefully evaluating the degree to which the preconditions are met before shifting to fully fledged inflation targeting in…
Liikanen on Finland, EMU and euro
In the speech 'Finland, EMU and euro' given on 1 December Erkki Liikanen of the Bank of Finland said all in all, in its early years, Finnish EMU membership seems to have fulfilled most of its promises and avoided most of its risks.
RBA's Stevens on finance and economic development
In the speech 'Finance and economic development' given on 12 December Glenn Stevens of the RBA said leveraged buyout activity could become a more prominent issue for the nation's financial system over the next five years.
BoE's Tucker on asset prices and uncertainties
In the speech 'Asset price and financial system uncertainties' given on 11 December Paul Tucker of the Bank of England said an interest rate rise in November was needed to ensure that inflation expectations remained well-anchored ahead of the January pay…
Canada's Dodge on financial system efficiency
In the speech 'Improving financial system efficiency: The need for action' given on 11 December David Dodge of the Bank of Canada said Canada's macroeconomic policies are second to none in supporting financial system efficiency, but work is needed to…