Speech
Mervyn King's Statement to UK Treasury Committee
Bank of England Governor Mervyn King told the UK parliament's Treasury Select Committee on Thursday 25 March that he wants to update the trade-weighted sterling index and has been in talks about doing so.
ECB's Tumpel-Gugerell on an enlarged EU
In a speech 'Enlarged EU - Financial Strength and Weakness from a Global Perspective' given on 23 March, Gertrude Tumpel-Gugerell of the ECB said that while structural reforms, particularly of the labour markets, were needed in Europe, governments should…
Canada's Duguay on monetary policy, global economy
In a speech on 'National monetary policy in a global economy' given on 22 March, Pierre Duguay of the Bank of Canada discusses the positive contribution of the bank's inflation-control strategy to the Canadian economy and highlights the importance of…
BoE's Large on debt puzzles in today's economy
In ae speech on 'Puzzles in Today's Economy - The Build up of Household Debt' given on 23 March, Andrew Large of the Bank of England said a key economic debate of the day is whether we, as a society, should be concerned about the level of debt borne by…
Padoa-Schioppa on the evolving financial landscape
In a speech on 'The evolving European financial landscape: integration and regulation' given on 22 March, Tommaso Padoa-Schioppa of the ECB provides an overview of the role of public policy in fostering integration and stability in the EU financial…
Malta's Bonello on cb views on new challlenges
In a speech on 'Central bankers' view of the new challenges' given on 21 February, Michael Bonello of the Central Bank of Malta said central bankers understand the importance of coherent policies designed to achieve a more efficient allocation and use of…
BoE's Tucker on financial markets dialogue
In a speech to the National Association of Pension Funds given on 19 March Paul Tucker of the Bank of England said that with interest rates at 4%, monetary policy is still "stimulating the economy". He comments, "If, as projected, output continues to…
Norway's Gjedrem on monetary policy & economics
In a speech on 'Monetary policy and the economic outlook' given on 19 March, Svein Gjedrem of Norges Bank said that the upturn has both broadened out and gained momentum in the past months. All sectors report stable or increasing demand and sales. The…
Greenspan on Banking
In a speech on 'Banking' given on 17 March, Alan Greenspan of the Federal Reserve said US banks are strong and profitable, with "favourable" asset quality, and able to provide financing for a growing economy.
Canada's Dodge on global economic change
In a speech on 'Adjusting to Global Economic Change' given on 16 March, David Dodge of the Bank of Canada said Canada's government must continue to reduce debt. "Maintaining fiscal balance must remain a priority for Canada in the years ahead," Dodge said…
Sweden's Heikensten on economic recovery
In a speech on 'Economic recovery with low inflationary pressure' given on 15 March, Lars Heikensten of the Sveriges Riksbank said there are a number of question marks as regards inflationary pressure and it is not known how long the recent rise in…
Park on Korea's bank supervisory arrangements
In a speech on 'Korea's experience in the choice of bank supervisory arrangements' given on 12 February, Dr Seung Park of the Bank of Korea said he thinks it is crucial that the supervisory agency be required to consult with the central bank before the…
Greenspan on education
In testimony on education given to the House Education and Workforce Committee on 11 March Alan Greenspan of the Federal Reserve said that "employment will begin to increase before long," and that protectionist trade barriers were not the answer to…
Buba's Stark on promoting stability and growth
In a speech on 'Promoting Stability and Growth: Economic Reforms and Sound Institutions' given on 9 March, Jurgen Stark of the Deutsche Bundesbank said Argentina has a number of difficult years behind it, but the same time, the people of Argentina will…
Canada's Dodge on global economic change
In a speech on 'Adjusting to Global Economic Change' given on 10 March, David Dodge of the Bank of Canada said federal and provincial governments must pare their debts in his first public speech since cutting interest rates last week.
Cleveland Fed's Pianalto on interest rates
In a speech on 'A National Voice, A Regional View' given on 5 March, Sandra Pianalto of the Federal Reserve Bank of Cleveland said she can't say when interest rates are going to rise but added, "I know that this is a difficult time we are facing," and…
Riksbank's Persson on women, growth and welfare
In aspeech on 'Women, growth and welfare - an equation that must add up' given on 8 March, Kristina Persson of the Sveriges Riksbank said there is most probably some potential to increase productivity in the services sector but it is not sufficient just…
Trichet on the EU accession process
Speaking at the 'Paris seminar on the EU accession process' on 4 March, Jean-Claude Trichet of the ECB said that as European central bankers, our destiny is intertwined with the destiny of our continent. As Europe is being rebuilt and reunited, so we are…
Guynn on growth in a time of low interest rates
In a speech on 'Growth in a Time of Low Interest Rates' given on 4 March, Jack Guynn of the Federal Reserve Bank of Atlanta said the steep interest-rate cuts of 2001 and 2002 were not neutral monetary policy. Rates were reduced in response to a…
Greenspan on the current account
In the speech 'Current account' Alan Greenspan of the Federal Reserve kept up his record of making a comment on a key policy issue every day by saying Tuesday that the yen appeared to be "elevated" against the dollar.
Bernanke on money, gold, and the Great Depression
In the speech 'Money, Gold, and the Great Depression' given on 2 March Ben Bernanke of the Federal Reserve said that research into the global spread of the Great Depression adds to the view that policy errors fostered the devastating economic downturn.
RBA's Edey on economic issues in 2004
In the speech 'Economic Issues in 2004' given on 3 March Malcolm Edey of the Reserve Bank of Australia said the Australian economy has generally grown at a pretty good pace over the last few years, despite an unfavourable international climate for much…
Fed's Olson : A regulator's view of banking
In a speech on 'A Regulator's View of Emerging Issues in Community Banking' given on 27 February, Mark Olson of the Federal Reserve said that America's small, community banks must watch asset and liability management and take care they don't get caught…
Czech NB's Tma on forecasting
In a speech 'Forecasting at central banks' given on 20 February, Zdenik Tma of the Czech National Bank said the first years of the new regime were not easy, and included frequent numerical target misses. Nevertheless, the Czech Republic enjoys low…