Speech
IMF's Rato on the global economy
In the speech 'Challenges and perspectives of the global economy' given on 16 June Rodrigo de Rato of the IMF said these are relatively good times for the global economy.
Comments by BoE's Nickell on OECD Paper
In a recent paper two OECD economists say "the absence of monetary policy autonomy seems to be associated with lower structural reform activity in large, more closed economies". Stephen Nickell commented on the paper at an ECB conference on Friday 17…
ECB official sees more cross-border bank mergers
European Central Bank executive board member Gertrude Tumpel-Gugerell said on Friday 17 June that more cross-border mergers in the financial sector are likely to take place in Europe in the future, partly driven by the limits reached in domestic…
ECB's Issing says EMU needs political support
European Central Bank Chief Economist Otmar Issing said steady political support from all euro zone members will be necessary to guarantee the success of a single monetary policy for the area.
Sweden's Rosenberg on growth and inflation
In the speech 'Surprisingly weak growth dampening inflation outlook' given on 15 June, Irma Rosenberg of the Sveriges Riksbank said she sees scope for a more expansionary monetary policy.
Canada's Dodge on adjusting to change
In the speech 'Adjusting to change' given on 15 June, David Dodge of the Bank of Canada said nations are being affected by the same powerful forces - growing competition from emerging-market economies, such as China and India, and large and growing…
Fed's Poole on the term structure of interest rate
In the speech 'Understanding the term structure of interest rates' given on 14 June, William Poole of the Federal Reserve Bank of St. Louis said long-term interest rates have stayed steady in the face of rising short-term rates because the economy, and…
Richmond's Lacker on retail financial innovation
In the speech 'Retail financial innovation' given on 14 June, Jeffrey Lacker of the Federal Reserve Bank of Richmond said calls for tighter rules on consumer lending are an inevitable companion to the dramatic rise in the availability of credit but must…
ECB's Papademos says structural reforms needed
European Central Bank vice-president Lucas Papademos said in a speech on Thursday differences in euro zone countries' growth rates result from structural factors and will have to be tackled by economic reforms in slow-growing countries.
SNB's Roth on Switzerland: Small, but global
In the speech 'Switzerland: Small, but global' given on 10 June, Jean-Pierre Roth of the SNB said many fail to appreciate that this alpine republic is not merely a quaint little country for tourists, but a platform for global activity.
Rato on the IMF in a changing world
In the speech 'The IMF in a changing world' given on 8 June, Rodrigo de Rato of the IMF said to maintain the IMF's effectiveness, it is essential for our membership to resolve the difficult issues that have been raised about our own governance.
Fed's Kohn on managing risk
In the speech 'Managing risk in a changing economic and financial landscape' given on 15 June, Donald Kohn of the Federal Reserve said the US current account deficit and surge in house prices may not be sustainable and urged banks to protect themselves…
Fed's Bies on current regulatory issues
In the speech 'Current regulatory issues' given on 14 June, Susan Schmidt Bies of the Federal Reserve said Federal banking supervisors are concerned that borrowers looking to buy commercial and residential real estate "could become increasingly…
RBA's Macfarlane: global influences on the economy
In the speech 'Global influences on the Australian economy' given on 14 June, Ian Macfarlane of the Reserve Bank of Australia downplayed a recent slowdown in Australia's economic growth as a healthy correction that might help prolong the current…
BoE's King on the UK economy
In a speech given on 13 June, Mervyn King of the Bank of England said consumer spending may bounce back after a weak first half and that inflation may accelerate.
Sweden's Heikensten on inflation targeting
In opening remarks to the Conference on inflation targeting: implementation, communication and effectiveness given on 11 June, Lars Heikensten of the Sveriges Riksbank said the contributions to this conference have succeeded in capturing the most…
Bundesbank's Stark on the IMF in a changing world
In the speech 'The IMF in a changing world' given on 8 June, Jurgen Stark of the Bundesbank said he is convinced that the IMF has done an excellent job so far in helping member countries adapt to a changing economic environment.
BIS's Knight on insurance and banking worlds
In the speech 'Meeting worlds? Insurance and banking' given on 2 June, Malcolm Knight of the BIS discusses how the worlds of banking and insurance are moving closer together, a process triggered by financial liberalisation and financial innovations.
Issing on the Lisbon process - a view from the ECB
In the speech 'The Lisbon process - a view from the ECB' given on 9 June Otmar Issing of the ECB said concerns that ECB monetary policy may not be suitable for all euro zone countries are misplaced.
Chicago Fed's Moskow on promoting economic growth
In a speech given on 9 June Michael Moskow of the Federal Reserve Bank of Chicago said the United States can encourage economic growth by ensuring fair access to credit for small businesses owned by women and minorities.
Sweden's Heikensten on the IMF
In the speech 'The IMF - Mandate, means and governance in a changing world' given on 8 June Lars Heikensten of the Sveriges Riksbank said the IMF's overall objective is still valid and its instruments for reaching this objective - surveillance, lending…
Greenspan says US economy on fairly firm ground
Federal Reserve Chairman Alan Greenspan told the US Congress on Thursday 9 May that the US economy seems to be on a "reasonably firm footing," with inflation under control.
Canada's Dodge urges fast yuan float
Bank of Canada Governor David Dodge on Thursday 9 June urged China to move to a floating exchange rate system as soon as possible.
Fed's Kohn on regulatory relief
In testimony 'Regulatory relief' given on 9 June Donald Kohn of the Federal Reserve said the Fed opposes parts of a bill that allows industrial loan companies to offer interest-bearing business transaction accounts without making the companies subject to…