Speech
Smits on Consitutional Position of the ECB
In his inaugural address as Amsterdam University's new professor of law of economic and monetary union, Dr Rene Smits considers the strange legal status of the European Central Bank.
Parry on the prospects for the US economy
In a speechon 'Prospects for the National and Local Economies: A Monetary Policymaker's View' Robert Parry of the Federal Reserve Bank of San Francisco said if it seemed appropriate, we still would have room to give a boost to the economy - even though…
Fed's Bernanke on monetary policy in Japan
In a speech on 'Some Thoughts on Monetary Policy in Japan' Ben Bernanke of the Federal Reserve said the US economy does not face an immediate threat of deflation but slowing inflation means the major world economies must remain on guard. On the Japanese…
SF Fed's Parry on prospects for the US economy
In a speech on 'Prospects for the National and Local Economies: A Monetary Policymaker's View' Robert Parry of the Federal Reserve Bank of San Francisco said we have seen continuing job losses, little strength in business investment, and most of the…
Poole on US labour market and economic growth
In a speech on 'The Labor Market and Economic Growth' William Poole of the Federal Reserve Bank of St. Louis said the US has the potential to grow substantially over the next several years, and that a major part of that growth will come from growth of…
Parry on prospects for the economy
In a speech on 'Prospects for the National and Local Economies: A Monetary Policymaker's View' Robert Parry of the Federal Reserve Bank of San Francisco said a bright spot in the national economy is consumer spending and the most likely outcome, in his…
Fukui statement to the House of Representatives
In his statement concerning the Bank's Semiannual Report on Currency and Monetary Control Toshihiko Fukui of the Bank of Japan said the bank believes that the existing economic model, which supported Japan's postwar economic growth, needs to be replaced,…
Olson on the prospects for economic growth
In a speech on 'Assessing Prospects for Economic Growth in the United States' Mark Olson of the Federal Reserve said the recent news from oil and financial markets and about consumer confidence clearly suggests that the reduction in risks associated with…
Issing on efficiency in financial institutions
In a speech on 'Efficiency in financial institutions' Otmar Issing of the ECB said sound central banking, but also banking in general and the business of savings banks in particular, must be based on long-term objectives. In this context, the monetary…
Kennedy on business continuity planning
In a speech on 'Business Continuity Planning for the Financial Sector: Developing a System-Wide Approach' Sheryl Kennedy of the Bank of Canada said talks about the importance of Business Continuity Planning (BCP) and disaster recovery, in the context of…
Gjedrem on policy response to the economic outlook
In a speech on 'The monetary policy response to the economic outlook' Svein Gjedrem of Norges Bank said the last interest rate reduction reflected expectations of low inflation as a result of the strong krone and low international price inflation with…
Jenkins on modern central banking in Canada
In a speech om'Modern Central Banking: A Canadian Perspective' Paul Jenkins of the Bank of Canada said there is no doubt that today we have a better understanding of what monetary policy can do and cannot do, who should be responsible for it, and how it…
Fed's Greenspan on the economic outlook
In testimony on 'The economic outlook' Alan Greenspan of the Federal Reserve said the economic information received in recent weeks has not, in his judgment, materially altered the outlook. Nonetheless, the economy continues to be buffeted by strong…
Duisenberg - Financial market and monetary policy
In a speech on 'New economy, financial markets and monetary policy' Wim Duisenberg of the European Central Bank said with the benefit of hindsight, he can say that the ECB was right to have reacted relatively cautiously when the world discussed the "new…
Bundesbank's Remsperger on monetary policy
In a speech on 'Monetary Policy: How relevant are other policymakers?' Hermann Remsperger of the Bundesbank said the main conclusion for Germany is that there is virtually no scope for stimulating fiscal action. The government has envisaged a budget …
Solans on importance of Eurostat for ECB policy
In a speech on 'The importance of Eurostat for the monetary policy of the European Central Bank' Eugenio Domingo Solans of the ECB said he would like to thank the European Statistical System very much for its support of the ECB's monetary policy. "I wish…
Fed's Ferguson on inflation expectations
In a speech on 'Expectations' Roger Ferguson of the Federal Reserve said the most important potential contribution of monetary policymakers is to anchor inflation expectations so that private-sector decisions can be made as efficiently as possible.
Freedman on financial stability
In a speech on 'Financial Stability: National and International Issues' Charles Freedman of the Bank of Canada discussed recent developments in the area of financial stability -i nternational and national.
Hoenig on supervisory information disclosure
In a speech on 'Should More Supervisory Information Be Publicly Disclosed?' Thomas Hoenig of the Federal Reserve Bank of Kansas City said although bank supervisors must be very careful in defining the role they will play in financial markets, they could…
Greenspan on the redesigned U.S. $20 note
In a speech on the redesigned U.S. $20 note Alan Greenspan of the Federal Reserve said the Federal Reserve is deeply committed to protecting our currency from counterfeiting, ensuring it is always accepted as legal tender and preserving its soundness.
Dodge on policies to sustain growth
In a speech on 'Policies to Sustain Growth Domestically and Internationally' David Dodge of the Bank of Canada said it's an interesting time to be a Canadian at meetings such as the BIS meeting he attended Monday. My colleagues from other central banks…
Chicago Fed's Moskow on corporate governance
In a speech on 'Corporate Governance: A Rational Course for Public Policy' Michael Moskow of the Federal Reserve Bank of Chicago said he supports the proposals first-and-foremost because they are consistent with the principles of good corporate…
Duisenberg on accepting Austrian decoration
On accepting an Austrian decoration from Dr Thomas Klestil, the Austrian President, Wim Duisenberg of the European Central Bank said "I should again like to express my sincere gratitude for this high decoration. It strengthens my belief that the cause I …
Moskow at 39th Annual Bank Structure Conference
In a speech at the 39th Annual Conference on Bank Structure and Competition Michael Moskow of the Federal Reserve Bank of Chicago said the conference would discuss the role of boards of directors, changes in financial regulation, accounting standards and…