Speech
Malaysia's Zeti on the financial landscape
In the speech 'Malaysia's fast-changing financial landscape' given on 3 December Dr Zeti Akhtar Aziz of the Central Bank of Malaysia said we now stand at the threshold of the development of the financial sector.
MAS's Tong on strengthening Singapore's position
In the speech 'Strengthening Singapore's position as a leading financial centre in Asia' given on 29 November Goh Chok Tong of the Monetary Authority of Singapore said we are living in exciting times in Asia. The economic centre of gravity is shifting…
Fed's Greenspan on free markets
In a speech given on 14 December Alan Greenspan of the Federal Reserve said the rise in global living standards despite fears of violence is a testament to the value of free markets in the world.
Krueger on the global consequences of Asian growth
In the speech 'Still achieving, still pursuing: The global consequences of Asian growth' given on 14 December Anne Krueger of the IMF said many Asian economies have long been reaping the benefits of trade liberalization.
Singapore's Tong on riding the Asian tide
In the speech 'Riding the Asian tide' given on 8 November Goh Chok Tong said the rise of China and India will shift the global economic centre of gravity from West to East.
BNM's Aziz on the Malaysian banking industry
In the speech 'Developing a robust competency framework for the Malaysian banking industry' given on 6 December Zeti Akhtar Aziz of the Central Bank of Malaysia said the success in developing a robust industry competency framework requires collaborative…
RBA's Stevens on Asia's financial system
In a speech to the 18th Australasian Finance and Banking Conference 2005 given on 14 December Glenn Stevens of the RBA said the development of Asia's financial system had not kept pace with its rapidly accelerating economies.
BIS's Knight on developing corporate bond markets
In the speech 'Sharing experiences in developing corporate bond markets' given on 17 November Malcolm Knight of the BIS argues that a robust financial system requires a diversity of financing channels, in which banks and fixed income markets compete in…
Canada's Dodge on inflation targeting
In the speech 'Our approach to monetary policy: Inflation targeting' given on 12 December David Dodge of the Bank of Canada said the BoC must set interest rates looking at the country as a whole and not get caught up in growth rates that vary from region…
RBA's Macfarlane on recent economic developments
In the speech 'Some observations on recent economic developments' given on 13 December, Ian Macfarlane of the Reserve Bank of Australia said the Australian economy is more resilient and able to adjust to economic shocks as global interest rates rise…
Dallas Fed's Fisher on globalization & govt policy
In the speech 'Globalization and government policy' given on 2 December Richard Fisher of the Federal Reserve Bank of Dallas said the Fed must not accommodate growing federal budget deficits by compromising monetary policy, and it must continue to fight…
ECB's Bini Smaghi on economic forecasting
In the speech 'Economic forecasting and monetary policy' given on 8 December Lorenzo Bini Smaghi of the ECB hinted that further interest rate increases may be on the way for the euro zone.
Fed's Bies on regulatory capital requirements
In the speech 'Linkages between Internal Capital Measures and Regulatory Capital Requirements' given on 6 December Susan Schmidt Bies of the Federal Reserve said Basel II provides a means for regulators to rely more on banks' internal estimates of risks-…
Knight on central banking: some secrets of success
In the speech 'Central banking: some 'secrets of success'' given on 1 December Malcolm Knight of the BIS said the media, markets and politicians place powerful demands on a modern central bank.
Fed's Ferguson on asset price levels & volatility
In the speech 'Asset price levels and volatility: Causes and implications' given on 15 November Roger Ferguson of the Federal Reserve said the reduced volatility seen in overall economic activity since the mid-1980s does not seem to have carried over…
IMF's Krueger on economic policy reform
In the speech 'Mutual reinforcement: Economic policy reform and financial market strength' given on 1 December Anne Krueger of the IMF said for economists and policymakers, the experience of the 1990s taught us a great deal.
Denmark's Bernstein at Danish Bankers Association
In a speech at the Annual Meeting of the Danish Bankers Association given on 30 November Nils Bernstein of the Danmarks Nationalbank said he intends to follow his predecessor's strategy, and warned that Denmark's economy may be expanding too fast.
ECB's Issing on fiscal and monetary policies
In the speech 'The role of fiscal and monetary policies in the stabilisation of the economic cycle' given on 14 November Otmar Issing of the ECB said the ECB always aims to take timely action to address inflation risks but it also has to avoid reacting…
SF Fed's Yellen on 2005 in review and prospects
In the speech 'The U.S economy: 2005 in review and prospects for 2006' given on 2 December Janet Yellen of the Federal Reserve Bank of San Francisco said the Federal Reserve is probably not yet finished raising interest rates and must monitor price gains…
Fed's Olson on economic growth
In the speech 'Economic growth: Lessons from the Sioux Falls experience' given on 5 December Mark Olson of the Federal Reserve said the Fed can best promote a credit climate that fosters rural progress by maintaining an environment of low inflation.
Fed's Greenspan on international imbalances
In the speech 'International imbalances' given on 2 December Alan Greenspan of the Federal Reserve warned about the urgency for the United States to tackle its huge budget deficits to preserve the global economy's health.
Ferguson on recent changes in household finances
In the speech 'Recent changes in household finances and home lending' given on 18 November Roger Ferguson of the Federal Reserve said U.S. financial regulators should study why blacks tend to get more higher-priced mortgage loans than non-Hispanic whites.
BoE's Large on monetary policy
In the speech 'Monetary policy: Significant issues of today' given on 1 December Andrew Large of the Bank of England said wage pressures in the UK could still get stoked up by the rapid rise in the price of oil even though there is currently very little…
BoJ's Fukui on Japan's economy
In a speech given on 18 October (published 21 November) Toshihiko Fukui of the Bank of Japan said Japan's economy has emerged from its temporary pause and continues to recover.