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Speech

RBA's Stevens on finance and the ageing population

In the speech 'Finance and the ageing population' given on 16 November Glenn Stevens of the Reserve Bank of Australia said Australia's finance players will need to be innovative in creating new investment opportunities for the nation's growing ageing…

Canada's Dodge on economic & financial efficiency

In the speech 'Economic and financial efficiency: The importance of pension plans' given on 9 November David Dodge of the Bank of Canada said Canada must correct flaws in its pension system to encourage more risk-taking and boost the economy's potential…

Trichet on developing the work and tools of CEIOPS

In the speech 'Developing the work and tools of CEIOPS: the views of the ECB' given on 16 November Jean-Claude Trichet of the ECB warned that pension funds and insurers could be sources of vulnerabilities that could spread "contagion" in the wider…

BIS's Knight on central bank independence

In the speech 'Central bank independence - what role does it play in shaping Mexico's economy?' given on 15 November Malcolm Knight of the BIS said discusses the role of the Banco de Mexico's legal and governance arrangements in Mexico's post-crisis…

ECB's Issing on addressing global imbalances

In the speech 'Addressing global imbalances: the role of macroeconomic policy' given on 4 November Otmar Issing of the ECB said structural reforms in Europe and Japan may help to promote growth and resilience and are in the countries' own best domestic…

'Keep it simple' says Hong Kong's Yam

In a speech at the Global Bond Summit in Hong Kong this week, Joseph Yam, Chief Executive of the Hong Kong Monetary Authority, identified "possible directions to be explored" by the Asian Bond Fund.

Fed's Olson on US payment systems

At a EU/U.S. Retail Banking Forum Conference in Brussels on November 15, US Federal Reserve governor, Mark W. Olson, offered some insights into the US payments system.

SARB's Mboweni on the rand

Governor Tito Mboweni yesterday said the South African Reserve Bank (SARB) favoured a "competitive" exchange rate. The country's mining and manufacturing sectors have struggled to adapt to an appreciating rand, since the currency rallied from historical…

Greenspan praises labor flexibility

In a speech prepared for the Bank of Mexico's 80th Anniversary International Conference in Mexico City, departing US Federal Reserve president Alan Greenspan argued that policymakers can promote economic stability by enabling a flexible economic…

Maltese governor talks on country's challenges

In his annual address to the Institute of Financial Services on Thursday 10 November, the governor of the Central Bank of Malta Michael Bonello identified the need to return the economy to a path of faster and sustainable growth as the country's priority…

Japan's Fukui on New Path of Growth

On 11 November Toshihiko Fukui, governor of the Bank of Japan, gave a speech entitled "Toward a New Path of Growth for the Japanese Economy" based on the Bank's October Outlook Report at the Kisaragi-kai meeting in Tokyo.

Inflation concerns for Czech NB

The Czech National Bank (CNB) is worried about the inflation criterion the country must meet before joining the euro, vice-governor Miroslav Singer told delegates at a forum of the Czech Exporters' Association on 10 November.

Fed governor testifies on Basel II

Federal Reserve governor Susan Schmidt Bies testified on 10 November before the US Senate committee on banking, housing, and urban affairs on the implementation of Basel II and revisions to Basel I.

Fed's Ferguson on monetary credibility & inflation

In the speech 'Monetary credibility, inflation, and economic growth' given on 3 November Roger Ferguson of the Federal Reserve said that central bankers must use "all our tools" to stop inflationary expectations from taking hold in the economy.

IMF's Rato on building better institutions

In the speech 'Building better institutions' given on 3 November Rodrigo de Rato of the IMF said central banks in emerging markets that used inflation targeting not only reduced inflation but experienced less volatility.

Chicago's Moskow on the future of higher education

In a speech given on 2 November Michael Moskow of the Federal Reserve Bank of Chicago said an evolving economy means education, productivity and economic growth are more closely linked than ever at a time U.S. universities are under mounting financial…

Dallas Fed's Fisher wants smooth transition

Dallas Fed president Richard Fisher said on Thursday 3 November that the Federal Reserve should ensure it has a smooth changeover in its chairmanship before it starts debating issues like inflation targeting.

Fed's Greenspan on the economic outlook

In testimony 'Economic outlook' given on 3 November Alan Greenspan of the Federal Reserve said the U.S. economy has good momentum, but cautioned that the prospects for keeping inflation under control were more problematic.

Wellink on China's rise, impact on Western economy

In the speech 'China's rise and its impact on Western economies' given on 3 October Nout Wellink of the Netherlands Bank said the world economy is increasingly integrated. Therefore, China's rise transmits shock waves to Western economies as that country…

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