Speech
Ireland's Hurley on monetary policy
In the speech 'Monetary policy and prospects for the European economy' given on 9 March (published 16 March) John Hurley of the Central Bank & Financial Services Authority of Ireland said the European Central Bank is ready to act as needed to keep down…
ECB's Gonzalez-Paramo on monetary policy
In the speech 'Uncertainty and gradualism in monetary policy' given on 17 March Jose Manuel Gonzalez-Paramo of the ECB said hard data currently available indicates that the euro zone is growing at a rate higher to that forecast by the Bank in December.
Atlanta Fed's Guynn on sustainable growth
In the speech 'Nurturing sustainable growth in a global context' given on 15 March Jack Guynn of the Federal Reserve Bank of Atlanta said the way forward for monetary policy is becoming harder to predict.
Fed's Kohn on monetary policy and asset prices
In the speech 'Monetary policy and asset prices' given on 16 March Donald Kohn of the Federal Reserve said the Fed has no intention of preserving all of the recent gains in home price values.
Weber on the monetary policy of the Eurosystem
In the speech 'The role of money in the monetary policy of the Eurosystem' given on 17 March Axel Weber of the Bundesbank said the European Central Bank must continue paying close attention to monetary growth.
Poole on recent developments in housing markets
In the speech 'Recent developments in housing markets: A national and local perspective' given on 8 March William Poole of the Federal Reserve Bank of St. Louis said the U.S. housing sector may already be cooling but it should level off at high levels…
Sweden's Rosenberg on current monetary policy
In the speech 'Some questions regarding current monetary policy' given on 16 March Irma Rosenberg of the Sveriges Riksbank said that despite the recent hike in the repo rate to 2 pct, monetary policy is still very expansive.
ECB's Bini Smaghi on financial market supervision
In the speech 'Independence and accountability of supervision in the european financial market' given on 9 March Lorenzo Bini Smaghi of the ECB said the increasing European financial integration poses difficult challenges for the institutional…
SF Fed's Yellen on enhancing Fed credibility
In the speech 'Enhancing Fed credibility' given on 13 March Janet Yellen of the Federal Reserve Bank of San Francisco said the Federal Reserve's credibility would be enhanced if the central bank would establish a specific numerical inflation target.
Fed's Olson: Are banks still special?
In the speech 'Are banks still special?' given on 13 March Mark Olson of the Federal Reserve said the line that divides banking from commerce is not a clear one and should be subject to "negotiated compromise" as markets and products change.
Chicago Fed's Moskow on the US economic outlook
In the speech 'U.S. economic outlook' given on 7 March Michael Moskow of the Federal Reserve Bank of Chicago said U.S. interest rates are currently in a neutral range but more increases may be needed.
Hannoun: Internationalisation of financial service
In the speech 'Internationalisation of financial services: implications and challenges for central banks' given on 4 March (published 13 March) Herve Hannoun of the BIS said there is a dual challenge for central banks in the context of financial…
RBA's Lowe on the payments system
In the speech 'The evolution and regulation of the payments system' given on 14 March Philip Lowe of the Reserve Bank of Australia said the global shift towards electronic payments was being driven by advances in technology and the lower cost of…
NY Fed's Geithner on U.S. monetary policy
In the speech 'U.S. monetary policy in the global financial environment' given on 9 March Timothy Geithner of the Federal Reserve Bank of New York said U.S. monetary policy may need to be tightened sufficiently to offset the downward pull on interest…
Canada's Macklem on renewing the IMF
In the speech 'Renewing the IMF: Some lessons from modern central banking' given on 9 March Tiff Macklem of the Bank of Canada said the IMF should also play a role in setting the "rules of the game" in the international financial system, including…
Bernanke on community banking & bank supervision
In the speech 'Community banking and community bank supervision in the twenty-first century' given on 8 March Ben Bernanke of the Federal Reserve said the rapid growth in commercial real-estate loans made by community banks bears watching.
Bundesbank's Weber on the role of interest rates
In the speech 'The role of interest rates in theory and practice - How useful is the concept of the natural real rate of interest for monetary policy?' given on 9 March Axel Weber of the Bundesbank said setting interest rates against a benchmark estimate…
Italy's Draghi on financial market integration
In the speech 'Financial market integration and the intermediation of savings' given on 4 March Mario Draghi of the Bank of Italy said interest rate levels were "very relaxed" after the ECB lifted rates for a second time in three months.
Fed's Ferguson on the importance of education
In the speech 'The importance of education' given on 24 February Roger Ferguson of the Federal Reserve said an educated U.S. labour force is vital for economic health and prosperity.
Chicago Fed's Moskow on pension issues
In the speech 'The regional perspective on pension issues' given on 28 February Michael Moskow of the Federal Reserve Bank of Chicago said the restructuring of public pension plans could require painful tax hikes or cuts in government services in some…
Fed's Kohn on regulatory relief
In testimony 'Regulatory relief' given on 1 March Donald Kohn of the Federal Reserve said the Federal Reserve will continue to be "a strong and active supporter" of legislative efforts to provide regulatory relief in the banking sector.
Fed's Ferguson on the economic outlook for the US
In the speech 'Economic outlook for the United States' given on 3 March Roger Ferguson of the Federal Reserve said the US economy is "solidly on track" but faces risks that could alter both its path and the direction of interest-rate policy.
RBA's Richards on 'Economy 2006'
In the speech 'Economy 2006' given on 2 March Anthony Richards of the Reserve Bank of Australia said the outlook for the economy was favourable, with above-average world growth ensuring a favourable outlook for investors and commodity producers.
Phil Fed's Santomero on the U.S. economy
In the speech 'The U.S. economy: How fast can we grow?' given on 23 February Anthony Santomero of the Federal Reserve Bank of Philadelphia said the U.S. economy's long-run potential growth rate is about 3.0 percent, which is consistent with the Fed…