Speech
Bernanke - Milton Friedman's Ninetieth Birthday
SPEECH - In the speech 'On Milton Friedman's Ninetieth Birthday' made on 8 November, Ben Bernanke of the Federal Reserve said to the assembled guests including Milton Friedman that the Federal Reserve takes responsibility for the Great Depression, "You…
Poole on the Fed's Role in Community Development
SPEECH - In the speech 'The Fed's Role in Community Development' made on 23 October, William Poole of the Federal Reserve Bank of St. Louis said in March 2003, the Federal Reserve System's Community Affairs offices will sponsor its third academic…
Kennedy on Financial Markets and Monetary Policy
SPEECH - In the speech 'The Interaction of Financial Markets and Monetary Policy' made on 4 November, Sheryl Kennedy of the Bank of Canada said like a number of other central banks, we have a "blackout" period in the week before our announcements. No…
Padoa-Schioppa on the euro and the role of ERM II
SPEECH - In the speech 'Trajectories towards the euro and the role of ERM II' made on 4 November, Tommaso Padoa-Schioppa of the ECB said ERM II should be seen as a meaningful framework within which to achieve further real and nominal convergence. In…
Gjedrem on monetary policy in Norway
SPEECH - In the speech 'Monetary policy in Norway' made on 17 October, Svein Gjedrem of Norges Bank said with the free flow of capital, deep capital markets and the phasing in of petroleum revenues into the Norwegian economy, inflation targeting is the…
Gary Stern on economic literacy
SPEECH - In the speech 'Economic Literacy Leads to Better Grasp of Public Policy Issues' made on 24 October, Gary Stern of the Federal Reserve Bank of Minneapolis said it doesn't hurt to remind ourselves and others that economics has a lot to say about…
Moskow on the Economy and Free Trade
SPEECH - In the speech 'The Economy and Free Trade' made on 29 October, Michael Moskow of the Federal Reserve Bank of Chicago said during the last 20 years or so, we've deregulated financial markets, developed more flexible labor markets and made major…
Santomero on Process & Progress in Risk Management
SPEECH - In the speech 'Process & Progress in Risk Management' made on 28 October, Anthony Santomero of the Federal Reserve Bank of Philadelphia said the financial sector has come a long way in its risk management efforts. Basel II offers an unusual…
Fed Chairman Alan Greenspan on education
SPEECH - In the speech 'Education' made on 29 October, Alan Greenspan of the Federal Reserve said empirical economic research has identified a complex set of factors as key determinants of how successful any country will be in transforming its physical…
Issing on relationship lending in the euro area
SPEECH - In the speech 'Relationship lending in the euro area' made on 24 October, Otmar Issing of the ECB said recent trends in the European financial markets seem to have put pressure on banks, leading some of them to reduce the scale of their…
Gjedrem on the business cycle and monetary policy
SPEECH - In the speech 'The business cycle and monetary policy' made on 17 October, Svein Gjedrem of Norges Bank said share prices fell sharply this summer for several reasons, including poorer growth prospects abroad. Developments this summer indicate…
Fed's Ferguson on productivity growth
SPEECH - In the speech 'Productivity Growth: A Realistic Assessment' made on 24 October, Roger Ferguson of the Federal Reserve said although no one can see the future, he feels cautiously optimistic that the U.S. economy can continue to enjoy strong…
Backstrom on the monetary policy situation
SPEECH - In the speech 'The monetary policy situation' made on 17 October, Urban Backstrom of the Sveriges Riksbank said activity in the Swedish economy has remained buoyant despite the situation in the rest of the world but recent statistics have…
Kennedy on the Bank of Canada in financial markets
SPEECH - In the speech 'The Bank of Canada's interest in financial markets' made on 28 October, Sheryl Kennedy said the Canadian economy has outperformed the other G7 countries over the past year but the economy is now operating fairly close to full…
Duisenberg on transforming the financial system
SPEECH - In the speech 'The transformation of the European financial system' made on 24 October, Wim Duisenberg of the ECB said developments such as the introduction of the euro have implications that are manifold and profound, in particular for central…
Gjedrem on inflation targeting and economic policy
SPEECH - In the speech 'Inflation targeting and the interplay in economic policy' made on 16 October, Svein Gjedrem of the Norges Bank said a substantial share of the effects of an interest rate change will occur within two years. Two years is thus a…
The Fed's Mark Olson on Urban Revitalization
SPEECH - In the speech 'Urban Revitalization: Shared Responsibilities' made on 22 October, Mark Olson of the Federal Reserve Board said that the history of community development policy and finance has been characterized as difficult, but it provides…
Blattner on the euro and what it means for the SNB
SPEECH - In the speech 'The Euro: Implications for Switzerland and for the Monetary Policy of the Swiss National Bank' made on 22 October, Niklaus Blattner of the Swiss National Bank said Switzerland's experience of the euro has, so far, been mainly…
Dodge - Opening statement to finance committee
SPEECH - Opening statement by David Dodge, Governor of the Bank of Canada, before the House of Commons Standing Committee on Finance, 23 October 2002.
Alan Greenspan on productivity
SPEECH - In the speech 'Productivity' made on 23 October, Alan Greenspan of the Federal Reserve said given the difficult adjustments that the US economy has been undergoing, long-term productivity optimism may currently seem a bit out of place. But, he…
Trichet on european economic integration outlook
SPEECH - In the speech 'European economic & financial integration : what is the outlook?' made on 1 October, Jean Claude Trichet of the Banque de France said the euro and the combined effects of recommendations made in the Lamfallussy Report will make…
Mboweni on monetary policy making in South Africa
SPEECH - In the speech 'Monetary Policy Making in South Africa' made on 8 October, Tito Mboweni of the South African Reserve Bank said that inflation has risen from 4 per cent a year ago to 11.6 per cent in August this year. The steep depreciation in the…
Moskow with a perspective on the current economy
SPEECH - In the speech 'A Perspective on the Current Economy' made on 17 October, Michael Moskow of the Federal Reserve Bank of Chicago said that although the near term poses some uncertainties, the long-term prospects for the US economy are remain good…
Bergo on assessing financial stability
SPEECH - In the speech 'Using Financial Soundness Indicators to Assess Financial Stability' made on 17 September, Jarle Bergo of Norges Bank said Norges Bank's Financial Stability Reports provide a suitable framework for dialogue with the financial…