Speech
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.
Heikensten on the Riksbank & financial system risk
In a speech on 'The Riksbank and risks in the financial system' given on 16 November, Lars Heikensten of the Sveriges Riksbank said developments in the financial system in recent years have been very rapid and made substantial, new demands on all…
BoE's Lomax on stability and statistics
In a speech on 'Stability and statistics' given on 23 November, Rachel Lomax of the Bank of England said that the past decade has been a time of unparalleled stability for output and inflation, creating a much better climate for business. She says it is…
Dodge on the Canadian economy
In a speech on behalf of Canada's Finance Minister, Ralph Goodale, to the German-Canadian Business Club of Berlin given on 22 November, David Dodge of the Bank of Canada said domestic demand is stronger and the prices of the goods and services we export…
SARB's Mboweni on central banking in Africa
In a speech on 'The global economy and central banking in Africa' given on 9 November, Tito Mboweni of the South African Reserve Bank said the changes in the world economy in recent years have led to large improvements in central banking in Africa. At…
Luxembourg's Mersch on the role of the euro
In a speech on 'The international role of the euro' given on 11 November, Yves Mersch of the Central Bank of Luxembourg said the Eurosystem has been a strong supporter of financial market integration in the EU. The introduction of the euro itself has…
Fed's Bies on fair value accounting
In a speech on 'Fair value accounting' given on 18 November, Susan Bies of the Federal Reserve said the Financial Accounting Standards Board's fair value measurement standard is a good first step toward developing enhanced guidance for the estimation of…
Sweden's Nyberg on securities market
In a speech on 'The securities market today and tomorrow' given on 10 November, Lars Nyberg of the Sveriges Riksbank said in recent years, inflation in many countries has fallen, and inflation expectations have stabilised at a level that reflects the…
ECB's Trichet on the euro in wider circles
In the speech 'Euro in wider circles' given on 19 November Jean-Claude Trichet of the ECB said structural reforms are a necessary condition for raising European growth. He added that the ECB's stability mandate is the focus of its monetary policy.
BoE's Large on Financial Instrument Accounting
In the speech 'Financial Instrument Accounting' given on 22 November Andrew Large of the Bank of England said it is essential that accounting standards have a clear economic rationale, promote comparability and secure adequate disclosure.
NY Fed's Geithner on hedge funds
In a speech on 'Hedge funds and their implications for the financial system' given on 17 November, Timothy Geithner of the Federal Reserve Bank of New York said investors and banks should take a hard look at the investment strategy, track record and…
Fed's Greenspan on the euro in wider circles
In a speech on 'Euro in wider circles' given on 19 November to the European Banking Congress, Alan Greenspan of the Federal Reserve said the persistence of huge U.S. trade deficits can pose a risk to the U.S. economy, which thus far has proven resilient.
Caruana on Basel II - Emerging market perspectives
In a speech on 'Basel II - Emerging Market Perspectives' given on 11 November, Jaime Caruana of the Banco de Espaa and Chairman of the Basel Committee said Basel II is intended to reinforce our focus on risk and to encourage all of us to improve our…
Sweden's Rosenberg on economic outlook:
In the speech 'Economic outlook is changed' given on 17 November, Irma Rosenberg of the Sveriges Riksbank said that labour market developments will continue to be weak and there are still no clear signs of a turnaround. The continuation of favourable…
Santomero on prospects for the U.S. economy for 05
In a speech on 'Prospects for the U.S. economy for 2005' given on 16 November, Anthony Santomero of the Federal Reserve Bank of Philadelphia said the U.S. economy is on course for a sustained period of moderate economic growth with low inflation.
Gonzalez-Paramo on fiscal & monetary policy in EMU
In a speech on 'Fiscal and monetary policy in EMU' given on 11 November, Jose Manuel Gonzalez-Paramo of the ECB said that unlike most central bankers around the world today, and throughout history, European central bankers' point of reference is no…
Brouwer on financial integration in the EU
In a speech on 'Financial integration in the EU - some food for thought' given on 5 November, Henk Brouwer of the De Nederlandsche Bank said there has been substantial progress in financial integration in the EU, thanks to efforts by the Commission, the…
Canada's Jenkins on globalization and mon. policy
In a speech on 'Globalization and Public Policy: Lessons from Central Banking' given on 15 November, Paul Jenkins of the Bank of Canada identifies two of the key principles that distinguish a modern, credible monetary policy framework-clarity of…
Chicago's Moskow on labor markets &energy prices
In a speech on 'Labor markets, energy prices, and the outlook for 2005' given on 16 November, Michael Moskow of the Federal Reserve Bank of Chicago said that today, rather than heading toward a soft landing, the economy is approaching its cruising…
Fed's Olson on state of the US economy
Federal Reserve Governor Mark Olson spoke on Monday 15 November about the state of the US economy, and issued a warning to expect more rate rises as the economy recovers.
Riksbank deputy on the housing market
Increasing household debt and rising housing prices since the early 1990s have been of great interest to the Riskbank, said Lars Nyberg, a deputy governor, in a recent speech. The central bank and consumers must be vigilant although there do not "seem to…
Norway's buffer against rising oil prices
High oil and gas prices mean that Norway is running a sizable current account surplus for 2004, which could put upward pressure on the exchange rate. Last Friday, Jarle Bergo, a deputy governor at the Norges Bank, explained how this could affect Norway's…
Frankel on currency crises
In the 2004 Mundell-Fleming lecuture, given at the IMF on 5 November, Professor Jeffrey Frankel examines currency crisis, and their political fallout.