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Speech

Gonzalez-Paramo: fixed FX will help Cyprus

Jose Manuel Gonzalez-Paramo, member of the executive board of the ECB, said at a recent conference that Cyprus' experience of adjustment under fixed exchange rate regimes would help the country in its goal of adopting the euro.

RBA: Separating "signal" from "noise" in inflation

Estimating underlying inflation is crucial in monetary-policy making that uses "noisy" CPI data in forecasting. In a recent speech Tony Richards, head of economic analysis at the RBA, set out work the central bank has done in this area.

Philly Fed's Plosser hints at rate rise

Casting an eye over the current economic climate in the US, the president of Philadelphia's Reserve Bank said there was some risk that policy is not yet firm enough for a return to price stability over a reasonable time horizon.

Fiji ponders remittances' effects

The governor of the Reserve Bank of Fiji, Savenaca Narube, suggested that the central bank would like to see remittances channelled towards investment projects and other "productive purposes".

New Thai governor on IT

In a speech called "Inflation targeting - a reflection on Thailand's experience," the newly-appointed governor of the Bank of Thailand, Tarisa Watanagase, cautioned that the framework should not be seen as a panacea.

Pursuing financial stability - RBI speech

In the speech 'Central Banks and Risk Management: Pursuing Financial Stability' given on 21 November, Rakesh Mohan, deputy governor of the Reserve Bank of India discusses various aspects of central banks' role in the pursuit of financial stability.

European reforms of global importance - de Rato

In this speech the International Monetary Fund's managing director, Rodrigo de Rato, suggests that deregulation and financial sector reform in Europe will benefit the continent's economy, and contribute to resolving tensions and potential global problems.

ECB's Stark on challenges of euro area enlargement

In the speech 'Economic and monetary challenges of euro area enlargement' given on 20 November Jurgen Stark of the ECB said it is crucial that central banks have full independence in the new EU member states, in practice as well as in theory.

Warsh on financial markets and the Federal Reserve

In the speech 'Financial markets and the Federal Reserve' given on 21 November Kevin Warsh of the Federal Reserve said the U.S. economy is still at risk of higher inflation, although market signals point to a gradual receding of price gains.

Buba's Fabritius on the new TARGET2 system

In the speech 'The new TARGET2 system and recent developments in European securities settlement' given on 15 November Hans Georg Fabritius of the Bundesbank said we will only be able to realise TARGET2 Securities with the active involvement and…

Mboweni on the National Payments System in SA

In a speech given on 15 November Tito Mboweni of the South African Reserve Bank said collaboration between the Bank and the banking industry has resulted in the South African Payment System being recognised as an example or model for development…

Debelle on the Australian foreign exchange market

In the speech 'The Australian foreign exchange market' given on 17 November Guy Debelle of the Reserve Bank of Australia said the Australian dollar has been "remarkably stable" given the rapid growth of turnover in the local foreign exchange market.

Chicago Fed's Moskow on the US economic outlook

In the speech 'U.S. economic outlook' given on 16 November Michael Moskow of the Federal Reserve Bank of Chicago said the risk of inflation in the US remaining too high, rather than a slowing economy, is the Federal Reserve's main concern.

Poole on responding to financial crises

In the speech 'Responding to financial crises: What role for the Fed?' given on 16 November William Poole of the Federal Reserve Bank of St. Louis said the Fed should play as limited a role as possible in a financial market crisis and took aim at Fannie…

ECB's Bini Smaghi on ageing and pension funds

In the speech 'Ageing, pension funds and household wealth allocation in the euro area' given on 15 November of the ECB said shifts in households' financial investments and liabilities complicate the ECB's analysis of money and credit growth.

SARB's Mboweni on supporting development

In the speech 'Joining hands in support of development' given on 14 November Tito Mboweni of the South African Reserve Bank said the SARB will remain resolute to keep inflation under control, and not hesitate to change monetary policy before Christmas if…

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