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Speech

Sweden's Heikensten on monetary policy

In a speech on 'Introduction on monetary policy' given on 15 March, Lars Heikensten of the Sveriges Riksbank told the government's finance committee that the board left interest rates unchanged because too much emphasis had recently been placed on the…

Yellen on US economy and the banking sector

In the speech 'Thoughts on the economy and the banking sector' given on 14 March, Janet Yellen of the San Francisco Fed said that regulators are worried that some banks are not well-positioned for "alternative scenarios" on movement of the yield curve or…

Fed's Bies on Bank Secrecy Act & compliance

In a speech on 'Bank Secrecy Act and capital compliance issues' given on 14 March, Susan Schmidt Bies of the Federal Reserve said US regulators are drafting new guidelines for banks to comply with a law to stop money laundering.

Greenspan on Social Security program & retirement

In testimony on the 'Future of the Social Security program and economics of retirement' given on 15 March Alan Greenspan of the Federal Reserve issued a fresh call to Congress to move promptly to put Social Security on firm financial footing, warning…

Weber on challenges to convergence in larger EU

In the speech 'Challenges to convergence in the larger EU' given on 9 March, Axel Weber of the Deutsche Bundesbank pointed out that successfully coping with the growing diversity of the EU economy after enlargement requires that monetary, fiscal and…

BoE's Lomax on inflation targeting in practice

In a speech on 'Inflation targeting in practice: Models, forecasts and hunches' given on 12 March, Rachel Lomax of the Bank of England said inflation forecasts are "highly fallible" and the BoE should ignore calls from bodies such as the IMF to produce a…

Fed's Bernanke on the global saving glut

In a speech on 'The global saving glut and the U.S. current account deficit' given on 10 March, Ben Bernanke of the Federal Reserve said a global savings glut has pushed up the U.S. current account gap and pushed down long-term interest rates.

Fed's Greenspan on globalization

In a speech on 'Globalization' given on 10 March, Alan Greenspan of the Federal Reserve said that future budget deficits pose a bigger risk to the economy than record trade imbalances and the country's extremely low savings rate.

Fed's Greenspan on bank regulation

In a speech on 'Bank regulation' given on 11 March, Alan Greenspan of the Federal Reserve acknowledged that a new global pact on banking may hurt some business lines at small U.S. banks, but said regulators may look at tweaking capital rules to ease this.

T and T's Williams on the state of the economy

In a speech on 'The state of the Trinidad and Tobago economy' given on 21 February, Ewart Williams of the Central Bank of Trinidad and Tobago said the economy is strong and the economic prospects are excellent. However, the economy faces several…

CNB's Tuma on central bank forecasting

In the speech 'Forecasting and its role as an information source in the decision-making of the central bank' given on 18 February Zdenik Tuma of the Czech National Bank discusses the role market forecasts can play as an information source in the decision…

Fed's Bernanke on the economic outlook

In the speech 'The economic outlook' given on 8 March Ben Bernanke of the Federal Reserve said the US economy was off to a solid start this year and that core inflation should stay in a zone that allows the Fed to raise interest rates at a "measured"…

Sweden's Persson: Globalisation and low inflation

Deputy Governor Kristina Persson of the Sveriges Riksbank spoke on Tuesday 8 March at an annual conference on the subject of globalisation and Sweden's low inflation. In the speech she said Sweden has had much to gain from increased global integration,…

Chicago Fed's Moskow on small businesses

In a speech on 'Access to capital for women- and minority-owned businesses' given on 4 March, Michael Moskow of the Federal Reserve Bank of Chicago said small businesses play a critical role in the U.S. economy and the Federal Reserve has an interest in…

Sweden's Heikensten on Riksbank's monetary policy

In the speech 'Thoughts on how to develop the Riksbank's monetary policy work' given on 22 February, Lars Heikensten of the Sveriges Riksbank said it is sometimes claimed in the general debate that the Riksbank and other inflation-targeting countries…

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