Speech
Hurley on monetary policy in the Eurosystem
SPEECH - In the speech 'The monetary policy and operational framework of the Eurosystem' John Hurley of the Central Bank of Ireland said as regards the conduct of monetary policy, the Governing Council has a good record in maintaining price stability…
Ferguson on Rules and Flexible Monetary Policy
SPEECH - In the speech 'Rules and Flexibility in Monetary Policy' Roger Ferguson of the Federal Reserve said over the past twenty-five years some important consensuses have been achieved on the best way to conduct monetary policy. Central banks have…
Heikensten on monetary policy and wage formation
SPEECH - In the speech 'Monetary policy and wage formation' Lars Heikensten of Sweden's central bank said looking ahead, the picture is worrying. Profits are under great pressure. It is not certain that productivity growth can remain as high as it was…
Solans on financial innovation and monetary policy
SPEECH - In the speech 'Financial innovation and monetary policy' Eugenio Domingo Solans of the European Central Bank said financial innovation can help to increase the efficiency of the financial system, facilitating the operation of monetary policy…
Barker on adjusting to low inflation
SPEECH - In the speech 'Adjusting to low inflation - Issues for policy' Kate Barker of the Bank of England said that if the Bank tried to control the build-up of house-hold debt, it might restrain growth in the economy, making people worse off and…
McDonough on Implementing the New Basel Accord
SPEECH - In the speech 'Implementing the New Basel Accord' William McDonough of the Federal Reserve Bank of New York said the success of the New Accord will be directly attributable to the enormous support and assistance provided by both bankers and…
Husain on State Bank Of Pakistan and Regulation
SPEECH - In the speech 'Regulatory Strategy Of The State Bank Of Pakistan' Ishrat Husain of the State Bank Of Pakistan said the two major determinants of functional efficiency of financial system are market structure and the regulatory framework and the…
Klein on Israel's economy after the elections
SPEECH - In the speech 'Israel's economy after the elections' David Klein of the Bank of Israel said that the economic package, announced following the election, would be difficult to implement. He likened the choices to Alice in Wonderland who found out…
Knight on financial system stability
SPEECH - In the speech Bank of Canada Senior Deputy Governor Malcolm Knight talks about the importance of financial system stability and the close link between the latter and good economic performance.
Zambia's Fundanga on combating money laundering
SPEECH - In the paper 'The role of the banking sector in combating money laundering' Caleb Fundanga of the Bank of Zambia said at the Bank of Zambia, our challenge is to recognise that technology and globalisation has given money launderers an…
Duisenberg testimony at the European Parliament
SPEECH - In testimony before the Committee on Economic and Monetary Affairs of the European Parliament Wim Duisenberg of the European Central Bank said said Monday that the ECB's already accommodative monetary policy will help support an expected…
Bies on financial markets and corporate governance
SPEECH - In the speech 'Financial Markets and Corporate Governance in the United States and Other Countries' Susan Bies of the Federal Reserve said as the United States goes forward, even if transparency through corporate financial reports improves,…
Stevens on the economic outlook
SPEECH - In the speech 'The Economic Outlook' Glenn Stevens of the Reserve Bank of Australia said Australia still faces a difficult environment abroad. Uncertainty is high internationally at present, and confidence subdued. It is to our advantage,…
Guynn on the state of the recovery
SPEECH - In the speech 'The State of the Recovery' Jack Guynn of the Federal Reserve Bank of Atlanta said the recovery is real, it's showing up on our radar; we know it's here, it's just not as obvious as it usually is. Guynn thinks the recovery will be…
Greenspan testimony to congress
SPEECH - In testimony to Congress Alan Greenspan said in today's environment acceptable ranges of deficit were 1-2 per cent and it was too early to tell whether the US economy was weak enough to require emergency fiscal stimulus.
Mark Olson on the Gramm-Leach-Bliley Act
SPEECH - Fed governor Mark Olson looks at the Gramm-Leach-Bliley Act and asks to what extent it contributed to recent corporate misbehaviour - or was it just a coincidence? He encourages the role of the legal community as facilitator of the self…
McDonough on risk mgmt, supervision and Basel II
SPEECH - William McDonough examines how enhancements in banks' risk management processes have led supervisors to move to a more process-oriented, risk-focused approach to supervision, and explains how provisions in the New Basel Accord will support…
Tromp on Netherlands Antilles cb 175th anniversary
SPEECH - Speech Dr. E.D. Tromp, governor of the Bank van de Nederlandse Antillen, on the occasion of the reception in honor of the Bank's 175th anniversary.
Lars Heikensten on Sweden's road to EMU
SPEECH - Riksbank governor Lars Heikensten says that direct changeover to the euro from 2006 is good news for the financial sector and will lessen the risk of payment system disturbances. He also emphasised the importance of creating a transparent, clear…
Jarle Bergo on monetary policy in Norway
SPEECH - Jarle Bergo, Deputy Governor of Norges Bank, speaks about the role of monetary policy within Norway's economic policy. The speech was given at the Confederation of Vocational Unions on 7 February 2003.
McTeer on making the case for markets
SPEECH - In the speech 'Problems Making the Case for the Market: Good Intentions or Good Results' Bob McTeer of the Federal Reserve Bank of Dallas said he was happy to report that the evils of inflation are greatly diminished, and considerable progress…
McTeer on confessions of an erstwhile economist
SPEECH - In the speech 'Reflections and Confessions of an Erstwhile Economist' Bob McTeer of the Federal Reserve Bank of Dallas delved into his past and revealed he met his wife in his economics class, is decidedly "non-quantitative" and doesn't trust…
Ferguson on September 11 and the Federal Reserve
SPEECH - In the speech 'September 11, the Federal Reserve, and the Financial System' Roger Ferguson of the Federal Reserve said on the morning of September 11, the Fed, as monetary authority, as payment system operator, as banking supervisor, and as…
Duisenberg - Nederlandse Antillen Bank anniversary
SPEECH - In a speech on the occasion of the 175 anniversary of the Bank van de Nederlandse Antillen Wim Duisenberg of the European Central Bank said that increased fiscal discipline is needed to reduce vulnerabilities or, to put it more positively, he…