Speech
Moskow: Regional, national US economic conditions
In a speech on 'Regional and National Economic Conditions' given on 19 February, Michael Moskow of the Federal Reserve Bank of Chicago said the Fed would not be deterred from raising interest rates by the proximity of the U.S. Presidential election if it…
BoE's Lomax on Inflation Targeting
In a speech on 'Inflation Targeting - Achievement and Challenges' given on 18 February, Rachel Lomax of the Bank of England discussed the improvement in economic performance since the adoption of inflation targets and the challenges that policy makers…
BOJ's Taya on recent economic developments
In a speech published on 19 February, Teizo Taya of the Bank of Japan said the Japanese economy has recently started to gain momentum for a cyclical recovery but the pace of recovery is moderate.
Cleveland's Pianalto on the process of policy
In a speech on 'The Process of Policy' given on 13 January, Sandra Pianalto of the Federal Reserve Bank of Cleveland said provided a snap shot of a typical FOMC meeting, from the "go-round" when Committee members give their views on the economic outlook…
RBA's Stevens on recent issues for monetary policy
In a speech on 'Recent issues for the conduct of monetary policy' given on 17 February, Glenn Stevens of the Reserve Bank of Australia said the bank raised interest rates late last year because of inflationary risks and demand for credit.
Heikensten-Risk management and financial stability
In a speech on 'Risk management and financial stability' given on 17 February, Lars Heikensten of the Sveriges Riksbank said regardless of the fact that there are now outstanding issues to be resolved to improve risk management, his overall conclusion is…
Canada's Dodge on policies for changing times
In a speech on 'Policies for Changing Times' given on 17 February, David Dodge of the Bank of Canada said the right set of macroeconomic policies helps countries to adjust to changing economic circumstances.
Trichet's testimony before the European Parliament
In testimony before the European Parliament given on 16 February Jean-Claude Trichet of the ECB said recent data have strengthened the ECB's expectation of an economic recovery in the eurozone and made us "more confident" that the recovery began in the…
Dodge on challenges to Canadian economy
In a speech on 'Adjusting to a Changing Economic World' given on 11 February, David Dodge of the Bank of Canada talked about the longer-term trends and the challenges facing the Canadian economy in the years ahead, and the adjustments that will be…
Sweden's Heikensten on current monetary policy
In a speech on 'Monetary policy - some current issues' given on 10 February, Lars Heikensten of the Sveriges Riksbank said there are signs of an upturn in the euro area now, although the picture is not as clear-cut as in the United States.
Jenkins on economic confidence in Canada
In a speech on 'Economic Confidence and the Work of the Bank of Canada' given on 9 February, Paul Jenkins of the Bank of Canada discusses two of the Bank's key functions that help to reinforce confidence in Canada's economy: the issuance of bank notes…
Bies on enterprise-wide compliance programs
In a speech on 'Enterprise-wide Compliance Programs' given on 4 February, Susan Schmidt Bies of the Federal Reserve warned that it is too soon to assume corporate scandals and profit restatements were a thing of the past in U.S. and global business…
Chicago Fed's Moskow on the economic outlook
In a speech on 'Economic outlook' given on 3 February, Michael Moskow of the Federal Reserve Bank of Chicago said that worries that inflation is on the rise are premature, and it will take some time for pressure on resources to emerge.
Trichet: The euro - five years on
In a speech on 'The euro - five years on' given on 2 February, Jean-Claude Trichet of the ECB said the Eurozone today already represents four-fifth of the number of EU countries. He added that UK entry is very warmly welcomed by all of us but depends on…
ECB's Padoa-Schioppa on exchange rate issues
In a speech on 'Exchange rate issues relating to the acceding countries' given on 2 February, Tommaso Padoa-Schioppa of the ECB said a smooth participation in ERM II will require that the overall policies of participating Member States are consistent and…
Kohler on adoption of the euro in Central Europe
In a speech on 'The Euro - Towards Adopting the Common Currency in Central Europe' given on 2 February, Horst Kohler of the IMF said that imbalances in the global current account remain a risk to economic recovery though a stronger euro and weaker dollar…
Sweden's Rosenberg on current monetary policy
In a speech on 'The current monetary policy situation' given on 29 January, Irma Rosenberg of the Sveriges Riksbank said that the information received so far since December does not appear to significantly alter the picture of a recovery in economic…
Wellink on prospects for the European economy
In a speech on 'Prospects for the European economy' given on 27 January, Nout Wellink of De Nederlandsche Bank said he was optimistic about the prospects for the European economy.
RBNZ's Bollard on asset prices and monetary policy
In a speech on 'Asset prices and Monetary Policy' given on 30 January, Alan Bollard of the Reserve Bank of New Zealand said he would be willing to use monetary policy "to constrain extreme asset price bubbles," but that the current situation with housing…
BoE's Tucker on risk uncertainty
In a speech on 'Risk Uncertainty and Monetary Policy Regimes' given on 29 January, Paul Tucker of the Bank of England explores how option prices can shed light on the risks in the current financial environment, including uncertainty about the expected…
Trichet on challenges for the European economy
In a speech on 'The challenges for the European economy in 2004' given on 29 January, Jean-Claude Trichet of the ECB said it was of the utmost importance that the new Member States countries fulfil the convergence criteria not only nominally but also in…
Bergo on flexible inflation targeting
In the speech 'Flexible inflation targeting' given on 23 January Jarle Bergo of Norges Bank asks how does the central bank relate to the fact that we do not know precisely how the world is or how it will be in the future?
Heikensten on the current economic situation
In the speech 'Monetary policy and the economic situation' given on 26 January Lars Heikensten of the Sveriges Riksbank said we are some way into a cautious upswing both in the world economy and the Swedish economy.
Greenspan on economic flexibility
In a speech on 'Economic flexibility' given on 26 January, Alan Greenspan of the Federal Reserve warned U.S. policy-makers worried about the loss of jobs not to heed calls for an increase in protectionist trade barriers, saying such a move could be …