Speech
BoE's King on monetary policy practice and theory
In a speech on 'Monetary policy: Practice ahead of theory' given on 17 May, Mervyn King of the Bank of England put forward his views on the virtues of an inflation targeting regime, attributing economic stability in the UK over the last decade to its…
BoE's Bell on communicating monetary policy
In a speech on 'Communicating monetary policy in practice' given on 17 May, Marian Bell of the Bank of England said that in her experience the MPC is straightforward in its communications. The MPC doesn't spin, nor is it disingenuous.
Uganda's Opiokello on recent achievements
In the speech 'Bank of Uganda - recent achievements' given on 4 March (published 9 May), David Opiokello of the Bank of Uganda said recent achievements include the Bank successfully implementing automation of currency note processing and the RTGS has…
Fukui on achieving strong economic growth in Japan
In a speech on 'Toward achieving strong economic growth in Japan' given on 13 May, Toshihiko Fukui of the Bank of Japan said the economy is expected to experience a long period of growth, although at a moderate pace.
Greenspan on leaving the Fed
In a speech given on 15 May Alan Greenspan of the Federal Reserve expressed his intention of leaving office when his current term ends in January next year.
Fed's Ferguson on globalization
In a speech on 'Globalization: Evidence and policy implications' given on 12 May, Roger Ferguson of the Federal Reserve said central banks will not be coordinating monetary policy any time soon nor is it desirable.
Bergo on the Norwegian economy
In a speech on 'The Norwegian economy: possibilities and challenges' given on 12 May, Jarle Bergo of the Norges Bank said developments since the March Inflation Report was presented do not provide grounds for changing the perception of the state of the…
ECB's Gonzalez-Paramo promotes lower taxes
In a speech on Friday 13 May European Central Bank board member Jose Manuel Gonzalez-Paramo said lower income taxes can reduce the need for interest rate rises in the long run.
Buba's Stark on new trends in financial markets
In the speech 'Some new trends in financial markets' given on 23 April, Jurgen Stark of the Deutsche Bundesbank said the financial industry is one of the most globalised industries in the world. Supervisors cannot limit their attention to what is going…
Norway's Gjedrem on financial stability
In a speech on 'The macroprudential approach to financial stability' given on 12 May, Svein Gjedrem of Norges Bank said there has been substantial development in the way we think about financial stability.
Fed's Bies on the Basel II Accord and H.R. 1226
In testimony 'The Basel II Accord and H.R. 1226' given on 11 May Susan Bies of the Federal Reserve said a key US banking regulator is aiming to issue rules implementing an international banking agreement about how much capital banks hold by this fall.
IMF's Rato on economic development in the Americas
In a speech on 'Opportunities and challenges for economic development in the Americas' given on 20 April, Rodrigo de Rato of the IMF said Latin America is likely to see a further decline in inflation in 2005.
Atlanta Fed's Guynn on the US economy
In the speech 'Make a difference' given on 7 May, Jack Guynn of the Federal Reserve Bank of Atlanta said the U.S. economy is robust and enjoys an upbeat outlook.
SNB's Roth at the AGM of shareholders
In a speech given on 29 April, Jean-Pierre Roth of the Swiss National Bank said 2004 was a relatively favourable year for the Swiss economy, but a few clouds have recently appeared on the horizon.
Chicago's Moskow on bank structure and competition
In a speech given on 6 May, Michael Moskow of the Federal Reserve Bank of Chicago said lawmakers and regulators need to be sensitive to potential problems at the U.S. pensions guarantee fund.
Fed rate increases appropriate says Poole
A top Federal Reserve officials said on Wednesday the Fed was correct to raise interest rates gradually because recent indications of an economic soft spot are misguided.
IMF's Krueger on macro policies for EU accession
In the speech 'Macroeconomic policies for EU accession' given on 6 May Anne Krueger of the IMF said the turnaround in Turkey's economic performance has been remarkable. There is every reason to expect further rapid growth, sustainable over a long period.
Tumpel-Gugerell: Interchange in a changing market
In the speech 'Interchange in a changing market: Observations from the euro area perspective' given on 6 May Gertrude Tumpel-Gugerell of the ECB said we are aware of the problems and issues at stake in relation to interchange fees. For the moment, we see…
Malaysia's Zeti on the Islamic financial system
In the speech 'Brief overview of the Islamic financial system' given on 15 April Dr Zeti Akhtar Aziz of the Central Bank of Malaysia said with the strengthened Islamic financial infrastructure now being firmly achieved in the first phase of the Financial…
Ireland's Hurley on monetary and financial issues
In a speech on 'The monetary and financial environment in the euro area' given on 11 April, John Hurley of the Central Bank of Ireland said that recent data suggests the euro area's economy is unlikely to strengthen soon.
Hildebrand on lessons from the SNB's gold sales
In a speech on 'SNB gold sales - Lessons and experiences' given on 5 May, Philipp Hildebrand of the Swiss National Bank said the Swiss National Bank completed its gold selling program of 1300 tonnes on March 30, 2005. Before these sales, Switzerland's…
Dodge on the Canadian economy and economic forces
In a speech on 'The Canadian Economy: Adjusting to Global Economic Forces' given on 6 May, David Dodge of the Bank of Canada said Canada's economy is adjusting to powerful forces at work in the global economy, including the emergence of China and India…
RBA on payments system reform in Australia
In a speech on 'Payments System Reform: The Australian Experience' given on 6 May, Philip Lowe and Ian Macfarlane of the RBA said it is fair to say that having specific payment system legislation with responsibility assigned to the central bank has led…
IMF's Krueger on trade policy and global insertion
In a speech on 'Trade policy and the strategy for global insertion' given on 19 April, Anne Krueger of the IMF said Latin America, like most parts of the world, is currently experiencing more buoyant growth than it has seen for some time.