Speech
Greenspan on financial education
In a speech on 'Financial education' Alan Greenspan of the Federal Reserve said drilling basic financial concepts into young people will not only help them now but will also help them avoid financial pitfalls later in life that could plague them for…
Macfarlane - Do Australians borrow too much?
In a speech on 'Do Australian Households Borrow Too Much?' Ian Macfarlane of the Reserve Bank of Australia said that although household debt/income has increased since the 1980s, the risks have not increased significantly. This is due to the less…
Duisenberg speech before the President of Italy
In a speech Wim Duisenberg of the European Central Bank spoke of Rome as a symbolic City for the ECB to hold a Governing Council meeting. The ECB has decided to meet twice a year outside its Frankfurt base, partly to emphasise the federal character of…
Richmond Fed's Broaddus on the economic outlook
In a speech on 'The Economic Outlook in a Turbulent Period' J. Alfred Broaddus of the Federal Reserve Bank of Richmond said economic recovery in the US will be strong enough to ride out the Iraq war. The economy should be "solid enough" to withstand…
Minehan on the U.S. Retail Payments System
In a speech on 'Technology and the U.S. Retail Payments System: Challenges and Opportunities' Cathy Minehan of the Federal Reserve Bank of Boston said after September 11, no list of challenges can be complete without mention of the need to continually…
BoE's Bean on asset prices and inflation targets
In a speech on 'Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough?' Charles Bean of the Bank of England said yes, (flexible) inflation targets are enough. But more investigation is needed into understanding the way in…
Issing on monetary and financial stability
In a speech on 'Monetary and financial stability: Is there a trade-off?' Otmar Issing of the European Central Bank said the question whether there is a trade-off between monetary and financial stability has been one of the most interesting areas of…
BoE's George on Islamic banking
In a speech to the Islamic Home Finance Seminar Sir Edward George of the Bank of England said Islamic banks could set up in the UK offering a wide variety of financial products compliant with Muslim law. He also said progress made on developing Sharia…
Greenspan on community economic development
In a speech on 'Community economic development' Alan Greenspan of the Federal Reserve said in the quest to do good for our society's most vulnerable populations and communities we must embrace the challenge to develop objective and quantifiable standards…
Fed's Olson on the Regulatory Relief Act
In a speech on 'Financial Services Regulatory Relief Act of 2003' Mark Olson of the Federal Reserve endorsed legislation that would make it easier for banks to open branches in other states. The ban on opening new branches gives savings associations an…
Guynn on the U.S. Economy: Where Are We Now?
In a speech on 'The U.S. Economy: Where Are We Now?' Jack Guynn of the Federal Reserve Bank of Atlanta said once we move beyond the uncertainty of war, the economy is poised for a pretty solid recovery. This time next year, he said, the recovery will be…
Bernanke - Perspective on inflation targeting
In a speech on 'A Perspective on Inflation Targeting' Ben Bernanke of the Federal Reserve said adoption of an explicit inflation goal was in his view the best way for the Fed to achieve its goals of stable prices and maximum sustainable growth. He added,…
ECB's Issing on eurozone growth
In testimony to the European Parliament Otmar Issing of the ECB said eurozone economic growth is expected to be only moderate this year, and inflation is forecast to fall below 2%, although developments continue to be overshadowed by the war in Iraq. He…
BoE governor on inflation
In a speech Edward George, governor of the Bank of England, said although risks exist he thinks that the most likely outcome is that we will see a gradual pick-up in the pace of global recovery over the next year or two. He said inflation may well rise…
Kohn on inflation targeting in the US
In a speech on 'Comments on Marvin Goodfriend's "Inflation Targeting in the United States?"' Donald Kohn of the Federal Reserve said the Fed has not engaged in implicit inflation-targeting by saying it supports "long-run price stability". He also said…
Speeches by governor and dep gov of Brazil cb
The governor and deputy governor of the Central Bank of Brazil, Henrique Meirelles and Beny Parnes, gave presentations at the IDB Annual Meeting in Milan.
William White on international financial crises
BIS economic adviser William White gave a speech at a conference in Berne on the prevention, management and resolution of international financial crises, concluding that the troubling degree of instability in the global financial system is such that…
Finance and economics of Papua New Guinea
In a speech at the 38th SEACEN Governor's Conference in Manila in February, the governor of the Bank of Papua New Guinea, L Wilson Kamit, CBE, offered his overview of financial and economic developments in the country.
ECB's Issing downbeat on 'sluggish' euro growth
Speaking to the EU Parliament, the ECB 's chief economist, Otmar Issing observed that economic growth in the eurozone is expected to be 2% for the year, thoough this will put downward pressure on inflation, according to Reuters
Crockett- Central banking, fin stability, Basel II
SPEECH - In a speech on 'Central banking, financial stability and Basel II' Andrew Crockett of the BIS said restoring financial stability has been at the core of the efforts to revive economic performance. Promoting financial health, however, is not just…
Dodge on the benefits of sound economic policies
SPEECH - In the speech on 'The Benefits of Sound Economic Policies' David Dodge of the Bank of Canada said while these are certainly challenging economic times, in Canada we remain convinced of the merits of the economic policy consensus of the OECD. He…
ECB's Solans on economic policy
In the speech 'Economic policy: complementary and reinforcing dimensions' Eugenio Domingo Solans of the ECB said more focus should be placed on structural micro-economic reforms that can increase the production potential of the European economy. He…
Heikensten on Swedish monetary policy
SPEECH - In the speech 'Introduction on monetary policy' Lars Heikensten of the Swedish central bank said an important circumstance that affected the Riksbank's decision to lower interest rates on Monday was that the unease and uncertainty in the global…
Sound economic policies pay off, Dodge says
The best way to promote sustained economic growth is to stick to an economic policy framework that has proven its worth, Bank of Canada Governor David Dodge said on Tuesday March 18. In a speech to the Italian Bankers Association, he reiterated the…