Speech
Technological change has contributed to low wage increases – Riksbank’s Skingsley
Monetary policy can respond by balancing high resource utilisation with price stability
‘Interventions’ are needed for gender balance, says BoE COO
Offering women opportunities is not enough, says Joanna Place; women need to feel confident enough that they “can and will” take positions
Fed policy should become more neutral – Bostic
As the economy operates close to potential and inflation approaches target, rates can be raised, the Atlanta Fed president says
Norwegian governor reflects on investment of oil revenues
A conservative approach allows the country to avoid “Dutch disease” – Olsen
Canada’s Wilkins calls for improved macro frameworks
Bank of Canada deputy highlights the importance of better models and improved data in understanding impact of monetary policy on stability
Supervision hampered by fragmented banking regulation – Lautenschläger
Current framework needs wider scope to secure a safer financial system, ECB supervisor says
Crypto tokens not yet a ‘significant risk’ – MAS’s Menon
The MAS is monitoring the crypto world using “unconventional” data-gathering methods
Thai governor advises banks to get fintech-based vaccine
Fintech can help build “immunity” to financial shocks, says Santiprabhob, urging banks to use data to improve risk management
Re-pricing of assets could dampen global recovery, RBA deputy warns
Debelle says equities may be mispriced and says interest rates show “puzzling” features
Lagarde says tech should be used for crypto regulation
IMF managing director says it’s time to “fight fire with fire”; DLT and AI could help enforce regulation on crypto assets
BIS’s da Silva defends DSGE modelling efforts
The models have not performed as badly as critics claim and new research efforts are creating fresh possibilities, says BIS’s deputy general manager
RBA highlights ‘unique’ design of Australian faster payments
System operates on a distributed basis, is separated from commercial “overlays”, and offers real-time settlement of each transaction, says assistant governor
Poland delays first hike by one year
Central bank reduces its inflation forecasts for 2018 and 2019, and the zloty falls
Haldane embraces idea of ‘citizen councils’ to support BoE’s work
Chief economist hopes the initiative will facilitate a “two-way dialogue” between the central bank and the general population
Intellectual property investment fuelling growth in Australia – Lowe
RBA governor says lack of growth in “tangible assets” is turning investment towards the information technology market
Botswanan governor announces formation of financial stability council
Governor Pelaelo says council, formed of central bank and government officials, will be responsible for regulating and supervising the financial sector
Low rates likely to persist in global economy, Riksbank’s Ingves says
Inflationary pressures remain weak, governor says; economic growth is a prerequisite for higher price pressures
Cryptocurrencies are failing to displace money, Carney says
BoE governor says digital currencies are “virtually non-existent” as units of account
MAS mulls activity based approach to regulation for virtual currencies
Deputy director of Singapore's central bank says fintech regulations should be “right-sized”
RBNZ deputy governor calls for move to ‘dual reporting’
“Sometimes unclear” how banks reach their risk weightings, Bascand says
ECB’s Mersch urges caution on regulatory sandboxes
The ECB board member is “not sure we have the right answers yet”
PRA’s Sam Woods rebuts 'myths' about Solvency II
Directive has neither “crushed growth” nor driven up prices, Woods argues; regulator will form subcommittee to discuss challenges with participants
Fed anticipates higher growth and tighter policy
Policymakers consider the latest economic data warrants the continuation of gradual policy normalisation
Authorities need to deal with ‘limitations’ of global standards
The BIS’s Fernando Restoy says global standards do not cover all possible risks, and national supervisors need to fill in the gaps