Speech
Bernanke's testimony to Congress
In testimony given on 19 July Ben Bernanke of the Federal Reserve warned that stubbornly high inflation could harm the U.S. economy and that the U.S. central bank must guard against rising prices taking hold.
Bollard on agriculture, monetary policy, economy
In the speech 'Agriculture, monetary policy and the economy' given on 18 July Alan Bollard of the RBNZ said at the moment the New Zealand economy is moving into a rebalancing period.
Fukui on developments in Japan's economy
In a speech given on 16 June (published 18 July) Toshihiko Fukui of the Bank of Japan said looking forward, exports are expected to continue rising against the background of further expansion of overseas economies.
Tumpel-Gugerell on the Retail Banking Sector
In the speech 'Preliminary findings of the Retail Banking Sector Inquiry' given on 17 July Gertrude Tumpel-Gugerell of the ECB said called for progress on the integration of the EU's retail bank markets.
ECB's Bini Smaghi on global imbalances
In the speech 'European and Asian perspectives on global imbalances' given on 14 July Lorenzo Bini Smaghi of the ECB said for the euro area, Asia has now become a more important trade partner than the US.
IMF's Kato on adapting to new global realities
In the speech 'Adapting to new global realities' given on 13 July Takatoshi Kato of the IMF said the Fund is studying a possible change in its voting structure to reflect the increasing weight of emerging market economies.
RBA's Stevens on the conduct of monetary policy
In the speech 'The conduct of monetary policy' given on 13 July Glenn Stevens of the RBA said Australia's adoption of a medium term inflation target has served the country well in its conduct of monetary policy.
RBNZ's Bollard on an independent monetary policy
In the speech 'Can NZ expect to carry out independent monetary policy?' given on 13 July Alan Bollard of the RBNZ said New Zealand can still carry out its own independent monetary policy effectively, even though it has had to work against strong global…
Alvarez's testimony on industrial loan companies
In testimony given on 12 July Scott Alvarez of the General Counsel said U.S. lawmakers should determine who can use industrial loan companies before commercial firms decide for themselves.
Noyer on central bank dilemmas under uncertainty
In the speech 'Central bankers' dilemmas under uncertainty' given on 5 June Christian Noyer of the Bank of France said a rule will sometimes ignore information that may be relevant for predicting future risks to price stability.
SARB's Guma on the SA economy
In a speech given on 4 July X.P. Guma of the South African Reserve Bank said continued brisk expansion in final consumption expenditure by households has been underpinned by a steady increase in household disposable income.
Kato on crisis prevention and the IMF
In the speech 'Crisis prevention and the IMF' given on 10 July Takatoshi Kato of the IMF said the last few years have certainly seen a very strong global economy.
BMA's Al Sadah on Islamic financial services
In the speech 'Challenges facing the Islamic financial services industry' given on 11 June Anwar Khalifa Al Sadah of the Bahrain Monetary Agency said Islamic banking is dominated by small institutions.
Caruana on the Spanish economy in 2005
In the speech 'Overview of the Spanish economy in 2005' given on 15 June Jaime Caruana of the Bank of Spain said throughout last year and in early 2006, the expansionary cycle of the Spanish economy continued and intensified.
Papademos on price stability & financial stability
In the speech 'Price stability, financial stability and efficiency, and monetary policy' given on 7 July Lucas Papademos of the ECB said transparency in monetary policy is important for financial stability and financial efficiency.
Buba's Weber on challenges to the financial system
In the speech 'Challenges to the financial system - ageing and low growth' given on 6 July Axel Weber of the Bundesbank said while the world economy continues to see strong growth, the euro area's economic upswing remains by comparison rather sluggish.
Remsperger at the Monetary Stability Foundation
In welcome remarks to the Third conference of the Monetary Stability Foundation "Challenges to the financial system - ageing and low growth" given on 6 July Hermann Remsperger of the Bundesbank said the Foundation has now more or less completed its start…
Iwata on monetary policy under the new framework
In the speech 'The conduct of monetary policy under the new framework' given on 8 June (published 7 July) Kazumasa Iwata of the Bank of Japan said against a background of high crude oil prices, major countries around the world are in the process of…
Carstens on reshaping the IMF's role in the 21st C
In the speech 'Reshaping the IMF's role in the 21st century' given on 29 June Agustin Carstens of the IMF said the development of a medium-term strategy for the IMF has been a process rich in debate within and, more importantly, outside of the…
Tumpel-Gugerell on European financial integration
In the speech 'European financial integration and the financial system' given on 6 July Gertrude Tumpel-Gugerell of the ECB said economic growth and prosperity was one of the main goals for the establishment of the European Union. The next hurdle is now…
Garganas on regional financial stability
In the speech 'Regional financial stability around the Eurozone' given on 1 June Nicholas Garganas of the Bank of Greece said it is important to recognize that, as the financial systems of South-Eastern European countries are liberalized and their…
Kohn with reflections on globalization & policies
In the speech 'Reflections on globalization and policies' given on 6 July Donald Kohn of the Federal Reserve said he was aware of the risk of raising rates more than necessary but saw a need for higher global interest rates to maintain stability.
Knight on financial stability and globalisation
In remarks on Frederick Mishkin's paper 'Financial stability and globalisation: getting it right' given on 8 June Malcolm Knight of the BIS said highlights a number of dilemmas that countries face when seeking to embrace globalisation.
Bies on the challenges of Basel II implementation
In the speech 'Addressing challenges raised by Basel II implementation' given on 4 July Susan Schmidt Bies of the Federal Reserve said US bank regulators are moving smoothly through proposed rules implementing Basel II bank capital standards and are on…