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Speech

Pianalto on economic forecasts and monetary policy

In the speech 'Economic forecasts and monetary policy' given on 13 February Sandra Pianalto of the Federal Reserve Bank of Cleveland said recent economic reports offer hints that the US economy may have rebounded from the weakness seen in the last three…

Chicago Fed's Moskow on the US economic outlook

In the speech 'US economic outlook' given on 9 February Michael Moskow of the Federal Reserve Bank of Chicago said U.S. interest rates are at a neutral level, but further increases - even preemptive ones - may be needed depending on how inflation…

Albania to adopt inflation target

In this speech delivered in Vienna on January 18, 2006 the Governor of the Bank of Albania, Ardian Fullani, reiterates the central bank's intension to switch to fully-fledged inflation targeting.

Asian reform

In this speech given at a Wharton business school forum in Mumbai on 6 January, 2006, the governor of the Bank of Thailand, M R Pridiyathorn Devakula, argues that fast growing intra-regional trade between east Asian economies provides evidence that the…

Dodge urges "urgent action" on imbalances

In this speech given in Bridgetown, Barbados on 6 February, 2006 the governor of the Bank of Canada, David Dodge, argues that the "need for urgent action has increased" with regard to reducing the risks to the global economy posed by global imbalances.

Fed's Fischer on global growth dynamics

In this speech given at the Institute of Economic Affairs in London on February 6, 2006, the president of the Dallas Fed, Richard W. Fisher, suggests that the United States will remain the growth engine for the global economy for some time to come.

IMF's Rato on global imbalances

In a speech at the University of California at Berkeley last week the International Monetary Fund's managing director, Rodrigo de Rato, said the United States should "tackle its current account deficit by increasing domestic saving". Reducing the fiscal…

Trichet on the benefits of flexibility

In this speech given at the Institute of Economic Affairs in London on February 6, 2006, the president of the European Central Bank, Jean-Claude Trichet, outlined three main reasons why structural reforms across Europe need to speeded up.

Bies on continuous challenges of risk management

In the speech 'The continuous challenges of risk management' given on 2 February Susan Schmidt Bies of the Federal Reserve said regulators are concerned about heavy commercial real estate exposures and risky mortgage lending practices at U.S. banks.

Rato at the farewell dinner for Alan Greenspan

In remarks at the farewell dinner for Alan Greenspan on 24 January (published 2 Feb) IMF Managing Director Rodrigo de Rato said there are many reasons to envy Alan: not just his economic savvy and ability to move financial markets with a few well-chosen…

Canada's Jenkins on global economic trends

In the speech 'Global economic trends: Implications for Canada' given on 1 February Paul Jenkins of the Bank of Canada said the Bank of Canada sees room for "some modest further increase" in interest rates as the economy runs at its production capacity,…

IMF's Krueger on the pursuit of stability & growth

In the speech 'A "continuous adventure": The pursuit of stability and growth in modern economies' given on 30 January Anne Krueger of the IMF said low inflation is a vital element in any macroeconomic framework, and much progress has been made.

Norway's Bergo on monetary policy

In the speech 'Projections, uncertainty and choice of interest rate assumption in monetary policy' given on 27 January Jarle Bergo of Norges Bank said assessing uncertainty is an important part of the central bank's communication strategy.

BoE's Nickell on monetary policy

In the speech 'Monetary policy, demand and inflation' given on 31 January Stephen Nickell of the Bank of England set out his reasons for wanting an interest rate cut this month and last.

Barbados's Williams on foreign exchange reserves

In the speech 'Foreign exchange reserves - how much is enough?' given on 2 November Marion Williams of the Central Bank of Barbados said we need to develop new measures of foreign exchange adequacy, with some urgency, before we can draw conclusions as to…

RBNZ's Bollard on major global developments

In the speech 'Major global developments in the new millennium' given on 27 January Alan Bollard of the RBNZ said New Zealand has been growing strongly over the last decade, driven by improved efficiency, high participation and stronger terms of trade.

RBI's Reddy on the role of accountants

In the speech 'Role of accountants in fostering economic growth' given on 19 January Dr YV Reddy of the Reserve Bank of India said the relationship between the RBI and the Institute of Chartered Accountants of India has been mutually reinforcing, where…

NY Fed's Geithner on global imbalances

In the speech 'Policy implications of global imbalances' given on 23 January Timothy Geithner of the Federal Reserve Bank of New York said the massive and growing U.S. current account deficit presents a threat to the world economy and an eventual…

BoE's Lambert 'admired' King's rate decision

In the speech 'Central bank communications: Best practices in advanced economies' given on 23 January Richard Lambert of the Bank of England, a former editor of the Financial Times, highlighted the likely change in communication at the Federal Reserve,…

BoE's Lomax on global financial imbalances

In a speech at the Chatham House conference on Global Financial Imbalances given on 24 January Rachel Lomax of the Bank of England said large global economic imbalances increase the risk of financial market disruption, which could hurt economies.

RBI's Reddy on central bank communications

In the speech 'Central bank communications: Some random thoughts' given on 23 January YV Reddy of the Reserve Bank of India said increased responsibility of maintaining financial stability and adopting inflation targeting has resulted in India adopting a…

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