Speech
Fed's Olson on community development
In the speech 'Community development and the bigger picture' given on 25 May Mark Olson of the Federal Reserve said recent news on the U.S. economy has been positive on balance and forecasters expect activity to moderate to a more sustainable pace than…
Reflections on operating inflation targeting
In a paper delivered on Thursday 25 May at the Graduate School of Business of the University of Chicago, Paul Tucker of the Bank of England sets out some reflections on the operation of an inflation targeting regime after four years on the MPC.
Rybinski on inflation targeting, challenges ahead
In the speech 'Inflation targeting and the challenges ahead' given on 18 May Krzysztof Rybinski of the National Bank of Poland said that since 1990, when the pioneering Reserve Bank of New Zealand first introduced inflation targeting, over twenty…
Dodge on the Canadian economy
In a speech given on 30 May David Dodge of the Bank of Canada said the past few years have seen extraordinarily strong global economic growth.
ECB's Papademos on globalisation, inflation
In the speech 'Globalisation, inflation, imbalances and monetary policy' given on 25 May Lucas Papademos of the ECB said that globalisation had helped contain prices in the past, but the risks to inflation were now rising due to buoyant world growth.
Knight on Asia, the dollar & global imbalances
In the speech 'Asia, the US dollar and global imbalances' given on 18 May Malcolm Knight of the BIS said global imbalances in current account deficits and budget deficits are "not sustainable".
Fisher on globalization's impact on U.S. growth
In the speech 'Globalization's impact on U.S. growth and inflation' given on 22 May Richard Fisher of the Federal Reserve Bank of Dallas said Washington policymakers don't understand how globalization has changed the world economy.
Fed's Olson on compliance risk management
In the speech 'Compliance risk management in a diversified environment' given on 16 May Mark Olson of the Federal Reserve said the Fed is pleased that large banks are creating senior positions to oversee whether institutions are in step with regulations…
Fed's Kroszner on innovative statistics
In the speech 'Innovative statistics for a dynamic economy' given on 24 May Randall Kroszner of the Federal Reserve said that Congress should spend money and seek new approaches to bring U.S. economic statistics into the new century.
Chicago's Moskow on bank structure and competition
In welcoming remarks for the 42nd annual conference on bank structure and competition given on 18 May Michael Moskow of the Federal Reserve Bank of Chicago said products such as adjustable rate and no-money-down mortgages have helped boost U.S…
Ingves on the Riksbank and monetary policy
In the speech 'The Riksbank and monetary policy' given on 23 May Stefan Ingves of the Sveriges Riksbank reiterated that monetary policy will need to be less expansionary in future so that inflation does not exceed the 2% target.
Fisher on the Trustees of America's potential
In a speech 'To the Trustees of America's economic potential' given on 20 May Richard Fisher of the Federal Reserve Bank of Dallas told students that they are living "in a world undergoing dramatic change."
ECB's Issing on globalisation, emu and the euro
In the speech "Globalisation, emu and the euro" given on 22 May Otmar Issing of the ECB said reductions in fiscal deficits by eurozone countries actually boost growth in those economies, rather than weighing on economic activity.
Geithner on financial supervision and regulation
In the speech 'Principles to guide the future evolution of financial supervision and regulation' given on 19 May Timothy Geithner of the Federal Reserve Bank of New York said US financial institutions need to examine "the frontier of risk" to make sure…
Fed's Lacker on the evolution of consumer finance
In the speech 'The evolution of consumer finance' given on 18 May Jeffrey Lacker of the Federal Reserve Bank of Richmond said a wave of innovation in consumer credit markets has driven a surge in credit availability for the average consumer, but that…
St Louis Fed's Poole on inversion
In the speech 'Inversion' given on 18 May William Poole of the Federal Reserve Bank of St. Louis said he's "been a bit puzzled" by talk beginning last fall that an inverted yield curve would likely herald a recession.
BoE's Walton on a shift in the balance of risks
In the speech 'A shift in the balance of risks' given on 18 May David Walton of the Bank of England said listed five main reasons why the upside risks had emerged and necessitated an immediate quarter point increase in the central bank's key rate to 4.75…
ECB's Trichet on structural reforms in Europe
In the speech 'Structural reforms in Europe' given on 22 May Jean-Claude Trichet of the ECB said the European Union is undergoing an important process of reforms of its socio-economic model so as to adapt it to future challenges.
BoE's Tucker on uncertainty, monetary policy, risk
In the speech 'Uncertainty, the implementation of monetary policy and the management of risk' given on 19 May Paul Tucker of the Bank of England said consumption growth in the UK today has become far more stable than in previous years, thanks to…
Fed's Kohn on the evolving financial system
In the speech 'The evolving nature of the financial system: Financial crises and the role of the central bank' given on 18 May Donald Kohn of the Federal Reserve said U.S. bank regulators are focused on encouraging market discipline, sound risk…
Fed's Bernanke on Basel II
In the speech 'Basel II: Its promise and its challenges' given on 18 May Ben Bernanke of the Federal Reserve said federal banking regulators will press ahead on a sweeping plan aimed at improving risk management for the country's largest and most…
NY Fed's Kos on the foreign exchange market
In the speech 'Recent volatility trends in the foreign exchange market' given on 11 May Dino Kos of the Federal Reserve Bank of New York said there is a risk that the current period of low volatility in the foreign exchange market will not last, and…
Fed's Bernanke on hedge funds and systemic risk
In the speech 'Hedge funds and systemic risk' given on 16 May Ben Bernanke of the Federal Reserve said financial authorities must stay attuned to any potential risks posed by the growth of hedge funds, an investment domain of the wealthy that has become…
NY Fed's Geithner on financial stability
In the speech 'Implications of growth in credit derivatives for financial stability' given on 16 May Timothy Geithner of the Federal Reserve Bank of New York said banks and other financial players must be cautious in their use of credit derivatives.