Speech
BoJ's Muto on challenges facing Japan's economy
In a speech on 'Structural Changes in the World Economy and Challenges Facing Japan's Economy' Toshiro Muto of the Bank of Japan said as of now at least it is hard to say that we are sufficiently equipped, considering the several constraints surrounding…
Fed's Bernanke on soft hearts, hard data
In a speech entitled 'Soft Hearts, Hard Data: The Use of Quantitative Analysis in Community Development' Ben Bernanke of the Federal Reserve said the collection and especially the analysis of data present difficult challenges to community organizations…
Central Bank Talk: Does it Matter and Why?
Paper 'Central Bank Talk: Does it Matter and Why?' presented by Donald Kohn and a senior Federal Reserve economist. Statements released by the Federal Open Market Committee (FOMC) and congressional testimony by Chairman Greenspan are found to…
Ferguson testimony on Basel II and H.R. 2043
In testimony on 'Basel II and H.R. 2043' Roger Ferguson of the Federal Reserve said plans for U.S. negotiators to meet with their international counterparts in November may not leave enough time for U.S. agencies to consider feedback from domestic banks…
Sir Edward George's Mansion House speech
In his Mansion House speech Sir Edward George, Governor of the Bank of England said that in terms of the overall macro-economy the Monetary Policy Committee framework has served us well. Annual inflation - on the present RPIX target measure - perhaps…
Canada's Dodge on recent economic developments
In a speech on 'Recent Economic Developments and the Conduct of Monetary Policy' David Dodge of the Bank of Canada said looking forward, it remains our view that growth in Canada's economy will be underpinned by the strength of domestic demand and a…
Ferguson on some issues for Basel II
In a speech on 'Basel II: Some Issues for Implementation' Roger Ferguson of the Federal Reserve said that Basel I must be replaced, particularly in a world whose financial markets are so interrelated that substantial difficulties at any one of the…
Duisenberg on the first lustrum of the ECB
In a speech on 'The first lustrum of the ECB' Wim Duisenberg of the European Central Bank said the Convention on the Future of Europe has not taken over our suggestion to incorporate somewhere in the text the notion of Eurosystem, which stands for the…
Serdengecti on an overview of the Turkish economy
In a speech made in London Wednesday 18 June, Sureyya Serdengecti of the Central Bank of Turkey said formal inflation targeting will be adopted when conditions allow. Including a favourable internal environment, sustained fiscal discipline, reduction in…
Fabritius on central banks role in payment systems
In a speech on 'The evolving role of central banks in payment systems: service providers and/or overseers?' Hans Georg Fabritius of the Deutsche Bundesbank said there are two main developments which are already identifiable but which will require further…
Large on convergence in insurance and banking
In a speech on 'Convergence in Insurance and Banking: Some Financial Stability Issues' Andrew Large of the Bank of England said the data deficiencies we confront today where the actual location of risk is so opaque is a major challenge. Better…
Duisenberg on key issues in payment systems
In a speech on 'Key issues for the ECB in the field of payment systems' Wim Duisneberg of the European Central Bank said the euro area would greatly benefit from an integration and consolidation of its securities clearing and settlement infrastructure…
Dodge on recent economic developments
In a speech on 'Recent Economic Developments and the Conduct of Monetary Policy' David Dodge of the Bank of Canada reviewed some of the developments that are influencing both demand and prices for Canadian goods and services.
Duisenberg testimony to European Parliament
In testimony before the Committee on Economic and Monetary Affairs of the European Parliament Wim Duisenberg of the European Central Bank said that despite the rise of the euro in the last year, the exchange rate of the European currency accurately…
Dodge says 'It All Starts with the Data'
In a speech entitled 'It All Starts with the Data' David Dodge of the Bank of Canada paid tribute to the unsung heroes behind central bankers and other policy-makers. Statisticians, he said, "constantly labour under tight resource, financial, and time…
Fukui speech to Euro 50 Group Roundtable
In his keynote speech to the Euro 50 Group roundtable Toshihiko Fukui of the Bank of Japan said the Bank of Japan stands on the front line of the war against deflation. However, we have used up the greatest weapon in a central bank's arsenal, thus, in…
Ferguson - Economic challenges facing US and Japan
In a speech on 'Uncertain Times: Economic Challenges Facing the United States and Japan' Roger Ferguson of the Federal Reserve described the country's near-term economic prospects as "still somewhat clouded" and said "preventing deflation remains…
Greenspan on natural gas supply and demand issues
In testimonyto the Committee on Energy and Commerce, U.S. House of representatives, on 'Natural gas supply and demand issues' Alan Greenspan of the Federal Reserve said high natural gas prices are likely to last into next year, and could weaken some key…
Duisenberg on structural reform and mon policy
In a speech on 'Structural reform and its implications for monetary policy' Wim Duisenberg of the European Central Bank said labour market reforms are urgently needed if euro zone economic growth is to recover strongly as some countries are hampered by…
Santomero-Flexible commitment or inflation target?
In a speech on 'Flexible Commitment or Inflation Targeting for the U.S.?' Anthony Santomero of the Philadelphia Fed said "I believe the (Federal Open Market Committee) should seriously consider inflation targeting".
Macfarlane on prospects for the world economy
In his opening statement to House of Representatives I.J. Macfarlane of the Reserve Bank of Australia said the international environment has not yet improved in the way we had hoped, and the changing fortunes of the US dollar throw an additional…
Sound economics help - Dodge speech
David Dodge identifed the Bank of Canada's inflation-targeting regime as a key stablising force for the Canadian economy. He was speaking in Berlin at the to the German-Canadian Business Club.
Kohler on Public-Private Partnership
Speech by Horst Kohler, Managing Director, International Monetary FundAt the Spring Membership Meeting of the Institute of International FinanceBerlin, June 4, 2003
Kreuger gloomy in Tokyo
IMF deputy managing director, Anne Kreuger brought a gloomy message to Tokyo on June 4. She commented "The outlook is for continued sluggish economic growth and for deflation to remain entrenched. At the same time, a major concern is the rapidly rising…