Speech
Denmark's Andersen on financial markets
In a speech given on 1 December, Bodil Nyboe Andersen of the Danmarks Nationalbank said that Denmark is now harvesting the fruits of more than 20 years' stability-oriented economic policy during which major structural reforms have been implemented.
Philadelphia Fed's Santomero on global economy
In a speech on 'Challenges and opportunities in a global economy: Perspectives on outsourcing, exchange rates, and free trade' given on 3 December. Anthony Santomero of the Federal Reserve Bank of Philadelphia said the US economy should grow about 4 per…
Sweden's Heikensten on inflation outlook
Sveriges Riksbank governor Lars Heikensten spoke at a meeting organised by Handelsbanken in Gothenburg on 30 November about the current economic situation and monetary policy. In the speech he said that over the past year the Riksbank has held a positive…
Trichet on the integration of the single market
In a speech on 'The integration of the single market for financial services: the Eurosystem perspective' given on 6 December, Jean-Claude Trichet of the European Central Bank said the ECB will start publishing a report on the stability of the eurozone…
Fed's Bernanke on the logic of monetary policy
In a speech on 'The logic of monetary policy' given on 2 December, Ben Bernanke of the Federal Reserve said that official short-term interest rates are not an accurate gauge of how much stimulus or restraint policy-makers intend because most decisions…
HKMA's Topping on liquidity risk management
In a speech on 'Liquidity risk management: A regulator's view' given on 16 November, Simon Topping of the Hong Kong Monetary Authority said central to effective liquidity risk management is a bank's ability to maintain adequate liquidity in the event of…
Iwata on the euro from a Japanese perspective
In a speech on 'The euro from the Japanese perspective' given on 19 November, Kazumasa Iwata of the Bank of Japan said the case of the euro serves as a good model of a combination of both market selection and political will. On the other hand, in Asia,…
BoE's King on facing up to uncertainty
In the speech 'What fates impose: Facing up to uncertainty' given on 1 December, Mervyn King, governor of the Bank of England said that transparency about what we know and what we don't know, far from undermining credibility, helps to build trust and…
U.S. rates have to rise further says Fed's Yellen
Janet Yellen, the president of the San Francisco Fed said in a speech Wednesday many factors are restricting growth in the U.S. economy, creating "opportunities" for the Federal Reserve to pause from its path of steady rate increases.
ECB's Tumpel-Gugerell on financial integration
In a speech on 'Capital Markets and Financial Integration in Europe' given on 23 November, Gertrude Tumpel-Gugerell of the ECB said market-led initiatives are vital to make further progress in integrating the funding instruments for mortgages.
SNB's Roth on the Swiss franc and euro
In a speech on the ' Swiss franc and euro: Two sister currencies?' given on 19 November Jean-Pierre Roth of the Swiss National Bank said the introduction of the euro in 1999 constituted a real revolution for Europe and represented arguably the major…
Trichet testimony: Oil price to dampen growth
In testimony to the European Parliament given on 30 November Jean-Claude Trichet of the ECB signalled that the bank is likely to lower its forecast for 2005 economic growth in the euro zone as the increase in oil prices impacts on consumer spending and…
Biern on The Bank Secrecy Act & USA Patriot Act
In testimony 'The Bank Secrecy Act and the USA Patriot Act' given on 17 November Herbert Biern of the Division of Banking Supervision and Regulation said regulators believe that banking organizations have to take reasonable and prudent steps to combat…
Trichet: S Eastern European challenges & prospects
In a speech on 'South Eastern European challenges and prospects' given on 29 November, Jean-Claude Trichet of the European Central Bank said that the recent enlargement to ten new Member States, as well as the progress in the accession negotiations with…
Dodge on Canada's monetary policy
In a speech to the Senate Committee on Banking, Trade and Commerce given on 24 November, David Dodge of the Bank of Canada said he remained "broadly comfortable" with the key economic assumptions underlying the current monetary policy of the Bank of…
Norway's Bergo on oil prices & developments
In a e speech on 'Oil prices, cyclical developments and monetary policy' given on 12 November, Jarle Bergo of Norges Bank said that high oil prices so far have had a limited impact on the domestic economy and would not significantly affect the balance in…
Fukui on the state of Japan's economy
In a statement concerning the Bank's Semiannual Report on Currency and Monetary Control given on 28 October (published 26 Nov) Toshihiko Fukui of the Bank of Japan said Japan's economy is expected to continue recovering with the ongoing expansion of…
BoE's Bean on the UK economy
In a speech given on 25 November, Charles Bean of the Bank of England said considerable uncertainties surround the UK economic outlook.
Italy's Fazio on regulation and supervision
In a speech on 'Regulation and supervision in financial markets' given on 19 November, Antonio Fazio of the Bank of Italy said the economy of the euro area is afflicted by a loss of competitiveness that reflects structural weaknesses in several fields.
Rimsevics on Latvia's strategy for euro transition
In a speech on 'The Latvian strategy for the euro transition' given on 25 October, Ilmars Rimsevics of the Bank of Latvia said since Latvia's accession to the European Union one of the main tasks shared by the Bank of Latvia and other state institutions…
Bergo on cyclical developments and monetary policy
In a speech on 'Cyclical developments and monetary policy' given on 10 November, Jarle Bergo of Norges Bank said reports from Norges Bank's regional network confirm the picture of an expanding economy.
Bundesbank's Weber on stability and growth
In a speech on 'Stability and growth' given on 19 November, Axel Weber of the Deutsche Bundesbank said stability and growth go hand in hand. The Lisbon agenda and the Stability and Growth Pact complement each other in lifting the EU's growth potential…
SARB's Mboweni on monetary policy and inflation
In a speech on 'Monetary policy and inflation: The next decade' given on 18 November, Tito Mboweni of the South African Reserve Bank said the recent major structural changes in the world and in South Africa will have little effect on the determination…
Chicago Fed's Moskow on causes of job loss
In a speech on 'Job loss: Causes, consequences, and policy responses' given on 19 November, Michael Moskow of the Federal Reserve Bank of Chicago said society needs to rethink policies to help workers displaced by economic change and new technologies.