Speech
Richmond Fed's Lacker on 2005 economic outlook
In a speech on 'The Economic Outlook for 2005' given on 3 January, Jeffrey Lacker of the Federal Reserve Bank of Richmond said we are well-positioned for fairly healthy economic conditions in 2005 and inflation should remain well-contained. Lacker struck…
Richmond Fed's Lacker gives economic outlook
Next year will likely see "a continuation of growth along a quite similar trajectory," said Jeffrey Lacker, president of the Richmond Fed, in a speech on Monday 20 December. Economic recovery from the recession of 2001 finally put down "firm roots" in…
Sweden's Heikensten on economic governance in EMU
In a speech on 'Strengthening economic governance in the EMU - A comment' given on 15 December, Lars Heikensten of the Sveriges Riksbank said better and more efficient methods of following up Member States' public finances are needed. Budget discipline…
Mboweni on the South African banking sector
In a speech on 'The South African banking sector: An overview of the past 10 years' given on 14 December, Tito Mboweni of the South African Reserve Bank said the presence of international banks in South Africa's banking retail sector would benefit…
SNB's Roth on life in a two-headed monetary system
In a speech on 'Life in a two-headed monetary system: The Swiss experience' given on 29 November, Jean-Pierre Roth of the Swiss National Bank said the birth of the euro has fundamentally changed the shape of the international monetary system with the…
Australia's Battellino on Asian bond markets
In a speech on 'Recent developments in Asian bond markets' given on 15 December, Ric Battellino of the Reserve Bank of Australia said markets had come a long way since the Asian financial crisis.
Bundesbank's Remsperger on research matters
In a speech on 'Research matters' given on 27 November, Hermann Remsperger of the Deutsche Bundesbank said if a central bank's research is to develop on well-organised lines, it has to be " from the top down", with the objectives as the primary focus.
Canada's Dodge on financial system efficiency
In a speech on 'Financial system efficiency: A Canadian imperative' given on 9 December, David Dodge of the Bank of Canada said it is imperative that Canada work to enhance the efficiency of its financial system.
Fed's Poole on maintaining financial stability
In a speech on 'Maintaining financial stability: A central banker's perspective' given on 27 November, William Poole of the Federal Reserve Bank of St. Louis said central banks should not respond to every wiggle from inflation as they seek steady prices…
RBA's Stevens on economic and financial conditions
In the speech 'Economic and financial conditions December 2004' given on 14 December Glenn Stevens of the Reserve Bank of Australia said Australia's economic growth is running more slowly than anticipated, despite strong domestic demand.
ECB's Gonzalez-Paramo on the euro after six years
In the speech 'The euro after six years: achievements and challenges ahead' given on 9 December Jose Manuel Gonzalez-Paramo of the ECB said the euro has done its job in terms of fostering sustainable growth in the euro area. However, in order to achieve…
Moskow: Perspective of the Federal Reserve on HOPI
In the speech 'Perspective of the Federal Reserve on HOPI' given on 7 December Michael Moskow of the Federal Reserve Bank of Chicago said the Home Ownership Preservation Initiative has been an ambitious, and so far very successful, effort under the…
Issing on inflation persistence in the euro area
In a speech on 'Inflation persistence in the euro area' given on 10 December, Otmar Issing of the ECB said that the degree of inflation persistence "has major implications for the optimal conduct of monetary policy".
ECB's Papademos on the role of structural reforms
In a speech on 'Determinants of growth and the role of structural reforms and macroeconomic policies in Europe' given on 9 December, Lucas Papademos of the ECB said current low interest rates are conducive to economic growth in the euro zone.
Trichet on a stability-oriented monetary policy
In a speech on 'A stability-oriented monetary policy as a necessary condition for long term growth' given on 9 December, Jean-Claude Trichet of the ECB said uncertainty over the future of the stability and growth pact could mean higher long-term interest…
ECB's Tumpel-Gugerell on global view of euro
In a speech on 'The Euro - Financial strength and weakness from a global perspective' given on 6 December Gertrude Tumpel-Gugerell of the ECB said sharp moves in exchange rates are unwelcome because of their adverse impact on investment decisions.
Hong Kong's Yam on cb authority and transparency
In a speech on 'Central bank authority, accountability, transparency and effectiveness' given on 18 November, Joseph Yam of the Hong Kong Monetary Authority said there has been a shift in the approach to transparency in recent years, from a broad…
Fed's Bies on factors in risk management
In the speech 'It's not just about the models: Recognizing the importance of qualitative factors in an effective risk-management process' given on 7 December, Susan Bies of the Federal Reserve said mathematical investment models are not enough on their…
ECB's Tumpel-Gugerell on global exchange rates
In a speech on 'Exchange rate moves in a global economy: a central banking perspective' given on 3 December, Gertrude Tumpel-Gugerell of the ECB said policies aimed at fostering macroeconomic stability should frame discussions between countries, and this…
China's Xiaochuan on gold market & risk hedging
In a speech on 'Gold market functions to hedge against risks' given on 6 September , Zhou Xiaochuan of the People's Bank of China said we see as central bankers, that a developed gold market can help to complement the monetary policy instruments and…
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…