Speech
BSP's Tetangco on capital markets
In the speech 'Capital market: A cornerstone of BSP financial reform agenda' given on 23 August Amando Tetangco of the Bangko Sentral ng Pilipinas said the BSP has also been fully supportive of the establishment of the Fixed-Income Exchange (FIE) as an…
Fed's Olson on challenges for the banking industry
In the speech 'Business trends and management challenges for the banking industry' given on 16 September Mark Olson of the Federal Reserve called on U.S. lenders to use care with "non-traditional" types of home mortgages such as interest-only and…
NY Fed's Rutledge on bank supervision
In the speech 'Bank supervision and financial center development' given on 1 September William Rutledge of the Federal Reserve Bank of New York said the Federal Reserve's efforts as a supervisor have contributed to the strength and resiliency of our…
BOJ's Fukui on the global economy
In a speech given on 25 September Toshihiko Fukui of the Bank of Japan emphasized the central bank's commitment to eradicating deflation.
Phil Fed's Santomero on the evolution of payments
In the speech 'The evolution of payments in the US: Paper vs. electronic' given on 10 September Anthony Santomero of the Philadelphia Fed said credit and debit cards are rapidly replacing paper checks as the most popular means of payment in the United…
Canada's Dodge on financial system efficiency
In the speech 'Financial system efficiency: Getting the regulatory framework right' given on 22 September David Dodge of the Bank of Canada said that the inflation rate can be expected to rise in coming months, thanks largely to high energy costs, which…
Fed's Olson on regulatory relief
In testimony 'Regulatory relief' given on 22 September Mark Olson of the Federal Reserve said federal regulators see no evidence of significant funding difficulties or problems with balance sheet management at banks in areas affected by Hurricane Katrina.
CNB's Frait on negative central bank capital
In the speech 'Exchange rate appreciation and negative central bank capital: Is there a problem?' given on 31 August Jan Frait of the Czech National Bank said the seriousness and potential consequences of negative capital of the central bank depend on…
Nickell on practical issues in UK monetary policy
In the speech 'Practical issues in UK monetary policy, 2000-2005' given on 20 September, Stephen Nickell of the Bank of England said the Bank could not have prevented Britain's house-price boom without harming economic growth.
ECB's Papademos on the new EU Member States
In a speech given on 19 September Lucas Papademos of the ECB said that the ECB so far sees no sign that costly energy is pushing up wages and prices broadly throughout the eurozone economy.
BoE's Walton on monetary policy challenges
In the speech 'Monetary policy challenges facing a new MPC member' given on 16 September David Walton of the Bank of England said it has been a very interesting, and challenging, time to join the MPC.
ECB's Gonzalez-Paramo on regional divergence
In the speech 'Regional divergence in the euro area' given on 19 September Jose Manuel Gonzalez-Paramo of the ECB said growth and inflation differentials among euro countries are far from being large, whether from a historical perspective or compared…
Albania's Fullani on the Bulgarian National Bank
In the speech 'Experiences of the Bulgarian National Bank in its road towards the ESCB' given on 5 September Ardian Fullani of the Bank of Albania said the Bulgarian economy and the Bulgarian National Bank have been going through substantial reforms in…
Fed's Fisher on banking and the US economy
In the speech 'An overview of banking, and the US and Texas economies' given on 12 September Richard Fisher of the Federal Reserve Bank of Dallas said Hurricane Katrina will not do lasting harm to U.S. growth and the impact on monetary policy is unclear.
RBI's Mohan on communications in central banks
In the speech 'Communications in central banks: A perspective' given on 9 September Rakesh Mohan of the Reserve Bank of India said central bank communication has come a long way. From the secretive central bankers, allegations are now made that they are…
RBA's Lowe on payment systems
In the speech 'Innovation and governance of payment systems' given on 16 September Philip Lowe of the Reserve Bank of Australia said technological innovation and greater industry co-ordination in Australia's payments systems are required if it is to…
Mohan on the Indian economy in a global setting
In the speech 'Indian economy in the global setting' given on 8 September Rakesh Mohan of the Reserve Bank of India said India must seize the opportunities offered by forces of globalization to improve the quality of its people's life.
ECB's Trichet on the eurozone economy
In testimony to the European Parliament given on 14 September Jean-Claude Trichet of the European Central Bank said stronger economic growth remains likely in the euro zone for the second half of the year.
Japan's Iwata on the price stability anchor
In the speech 'The role of the price stability anchor in extricating Japan from deflation' given on 27 August Kazumasa Iwata of the Bank of Japan said prospects are "good" for an end to the country's 7-year-long battle against deflation.
SF Fed's Yellen on the economy and monetary policy
In the speech 'Views on the economy and implications for monetary policy' given on 8 September, Janet Yellen of the San Francisco Fed said the best thing the Federal Reserve can do in the wake of Hurricane Katrina is to ensure the stability of the…
Canada's Dodge on global imbalances
In the speech 'The evolution and resolution of global imbalances' given on 9 September, David Dodge of the Bank of Canada said global economic imbalances will not be solved through adoption of flexible foreign exchange rates alone.
India's Reddy on monetary co-operation in Asia
In the speech 'Monetary co-operation in Asia' given on 3 September, YV Reddy of the RBI said the RBI is planning a new six-country trade-weighted real effective exchange rate (REER) index for the rupee which would include China's yuan and the Hong Kong…
SARB's Mboweni on the Annual Economic Report 2005
The South African Reserve Bank published its Annual Economic Report 2005 on 24 August. In his address to the shareholders of the Bank, Tito Mboweni said he was pleased to be able to report on another successful year for the South African Reserve Bank…
BIS's Knight on challenges to financial stability
In the speech 'Challenges to financial stability in the current global macroeconomic environment' given on 6 September, Malcolm Knight of the BIS said the global financial system of today is vastly more efficient and resilient to small or moderate shocks…