Speech
SNB's Roth on Switzerland: An Island in Euroland?
In a speech on 'Switzerland: An Island in Euroland?' given on 21 May, Jean-Pierre Roth of the Swiss National Bank said the introduction of the euro constituted a real revolution for Europe and represented arguably the major postwar stage in European…
bundesbank's Remsperger on real-time data
In a speech on 'Real-Time Data and Monetary Policy' given on 28 May, Hermann Remsperger of the Bundesbank said that research on real-time data is of utmost importance for central banks.
Issing on the euro and the Lisbon agenda
In a speech on 'The euro and the Lisbon agenda' given on 28 May, Otmar Issing of the ECB said structural reforms in eurozone countries would allow the ECB to avoid sharp interest rate changes in reaction to external shocks.
Geithner: Perspectives on the US financial system
In a speech on 'Perspectives on the U.S. Financial System' given on 27 May, Timothy Geithner of the New York Fed said banking supervisors are engaged in a never-ending "arms race" with the increasingly complex financial system they are supposed to…
Caruana on risk management trends
In a speech on 'Risk management trends & the supervisory structure' given on 27 May, Jaime Caruana of the Bank of Spain said there is a need for risk management and supervision to evolve together and to reinforce each other. Both areas must keep pace…
Fabritius on the Deutsche Bundesbank in transition
In aspeech on 'The Deutsche Bundesbank in transition' given on 4 May, Dr Hans Georg Fabritius of the Bundesbank said the Deutsche Bundesbank finds itself in the midst of a far reaching process of organisational change. In future, it will be able to…
Trichet at the Bank of Russia Seminar
In a speech to the Joint Eurosystem - Bank of Russia Seminar, Helsinki given on 25 May Jean-Claude Trichet of the ECB said with this seminar we want to strengthen and broaden our dialogue on all central banking issues, taking account of developments not…
Fed's Ferguson on economics and ethical behaviors
In a speech on 'Economics and Ethical Behaviors' given on 22 May, Roger Ferguson of the Federal Reserve said that acting morally and ethically pays dividends while not doing so imposes costly regulation on society as a whole. Economic outcomes are…
Fed's Gramlich on subprime mortgage lending
In a speech on 'Subprime Mortgage Lending: Benefits, Costs, and Challenges' given on 21 May, Edward Gramlich of the Federal Reserve said a relatively high rate of defaults on subprime mortgages raises warning flags, but expanding credit to those who…
Greenspan on acceptance of the Eisenhower Medal
In a speech on 'Acceptance of the Eisenhower Medal for Leadership and Service' given on 20 May, Alan Greenspan of the Federal Reserve said fears that the 2001 terrorist attacks could halt the growth of international commerce have proven groundless as the…
Fed's Bernanke on gradualism
In a speech on 'Gradualism' given on 20 May, Ben Bernanke of the Federal Reserve said the Fed should be able to push short-term interest rates up at a gradual pace, but the speed of expected rate hikes will be dictated by economic events.
Fed's Gramlich on workplace financial education
In a speech on 'Workplace Financial Education' given on 20 May, Ed Gramlich of the Federal Reserve said a financially smart worker is often a better worker.
Belgium's Quaden on an evolving financial system
In a speech on 'Efficiency and stability in an evolving financial system' given on 17 May, Guy Quaden of the National Bank of Belgium said it is important that the closer interaction between the academic and regulator's worlds which is one of the new…
Richmond Fed's Broaddus on the economy and banking
In a speech on 'Comments on the Economy and Banking' given on 18 May J. Alfred Broaddus of the Federal Reserve Bank of Richmond said an upswing in core inflation had grabbed policymakers' attention. Broaddus indicated the Fed's stated goal of raising…
HKMA's Topping on financial risk
In a speech on 'Assessing, Managing & Supervising Financial Risk' given on 17 May, Simon Topping of the HKMA said Basel II is certainly relevant to emerging markets. It has global applicability, but it has to be applied pragmatically, he said, and fine…
Fed's Bies on corporate governance
In a speech on 'Corporate Governance: Where Do We Go From Here?' given on 19 May, Susan Schmidt Bies of the Federal Reserve repeated on Wednesday that banks involved in setting up structured finance deals need to ensure they are undertaken for proper…
Trichet on current challenges for the ECB
In a speech on 'Current challenges for the ECB: sustainable non-inflationary growth and financial stability' given on 13 May, Jean-Claude Trichet of the ECB said one of the major challenges that the ECB faces is the EU enlargement and the future entry of…
Caruana: Accounting, transparency & bank stability
In a speech at the Accounting, Transparency and Bank Stability Workshop given on 17 May, Jaime Caruana of the Bank of Spain said this conference will help to identify the policy options that supervisors have in order to address emerging issues in risk…
Bies on corporate governance and community banks
In a speech on 'Corporate governance and community banks' given on 17 May, Susan Schmidt Bies of the Fed said a Federal Reserve review of corporate governance practices at smaller banks found most of them in good shape.
Padoa-Schioppa on European financial integration
In the panel session "Drivers of European Financial Integration - Markets or Policy?" at the ECB-CFS research network on 11 May Tommaso Padoa-Schioppa said the central bank of the euro has provided a fundamental contribution to the integration of…
ECB's Tumpel-Gugerell on five years of the euro
In a speech on 'Five Years of the Euro: Successes and New Challenges' given on 14 May, Gertrude Tumpel-Gugerell of the ECB said sharp swings in the foreign exchange value of the euro are having an impact on the eurozone economy.
Fed's Ferguson on the role of central banks
In a speech on 'The Role of Central Banks in Fostering Efficiency and Stability in the Global Financial System' given on 17 May, Roger Ferguson of the Federal Reserve said the Federal Reserve's dual responsibilities for ensuring economic stability and…
Trichet on the international role of the euro
In a speech on 'The international role of the euro' given on 14 May, Jean-Claude Trichet of the ECB said the position on currency developments spelled out in the last two G-7 communiques in February and April remains valid.
Greenspan on financial literacy
In a speech on 'Financial literacy' given on 13 May, Alan Greenspan of the Federal Reserve said in an increasingly complex economy, the skill level that you reach in your 20s will surely be inadequate for the needs of our economy when you reach 40. His…