Speech
Sama governor calls for subsidy cuts
Fahad Al-Mubarak says the Saudi Arabian economy is being hampered by various inefficiencies, including excessive subsidies on energy and water
Visco highlights ‘inadequate’ stock of human capital in Italy
Bank of Italy governor calls for better education and training to help develop the ‘right skills and capabilities’ necessary for the country to achieve higher growth
Boston Fed’s Rosengren flags key elements of successful QE
Eric Rosengren sets out the most successful design features from the Fed’s experience of quantitative easing and hints ‘other parts of the globe’ may have acted too late
Lagarde tells G-20 to act now and boost growth
IMF managing director warns that without action the ‘global economic supertanker’ could remain ‘stuck in the shallow waters of sub-par growth and meagre job creation’
Weidmann prescribes dose of discipline for eurozone
Bundesbank president says governments must accept liability for their own fiscal actions; sees no ‘urgent need’ for QE and warns of policy side effects
Wheeler: RBNZ will ‘talk more’ about housing
The Reserve Bank of New Zealand will focus on the market in coming months, Wheeler says, with house price inflation ‘increasing again’ in Auckland
BoJ’s Iwata says QQE is a break with history
Deputy governor says latest asset purchases programme a sign of dramatic ‘regime change’ and consumers will have to respond – it is just a question of when
Stevens gloomy on growth as RBA cuts
RBA governor warns Australian economy is showing greater signs of weakness than previously thought, in a statement announcing a cut in the interest rate to record low
Constâncio: ECB ‘encouraged’ by reaction to QE
ECB vice-president points to rise in price of equities and bonds and drop in the exchange rate, but warns against reading too much into financial and real variables
Rosengren says cyber criminality could turn people to ‘less efficient' payment options
Boston Fed president says central banks ‘essential' to discussion on cyber security at Basel Committee conference in Cape Town
ECB’s Cœuré calls for tougher rules on structural policy
Executive board member says a ‘strong framework’ is needed to manage the interdependence of fiscal, financial, structural and monetary policies in Europe
BoE’s Hauser says markets review will avoid heavy-handed regulation
Andrew Hauser says UK’s Fair and Effective Markets Review will seek to achieve its aims through market discipline if possible, instead of imposing burdensome regulation
Kganyago: Sarb taking ‘pause’ in normalisation
South African Reserve Bank holds repurchase rate at 5.75%, but monetary policy committee agrees the ‘lower inflation path’ creates the chance to ‘pause’ its tightening cycle
Linde says ECB’s stimulus package is ‘ambitious’
Luis Linde, governor of the Bank of Spain, estimates the European Central Bank will buy €100 billion of Spanish government debt under its new asset purchase programme
BoE's Forbes says few MPC members are 'perennial hawks or doves'
External member lays out key risks to Bank of England's central forecast, including stronger US growth, lower oil prices, and exchange rate pass-through
Mersch lays out path to capital markets union
ECB executive board member says harmonised regulation and ‘institutional adjustments’ needed in Europe; suggests change in securities markets
Riksbank profits safeguard independence, first deputy says
Kerstin af Jochnick says low interest rates will hurt profits in coming five years but adds central bank has buffers to guarantee its ability to perform vital tasks
BoE’s Gracie expects cyber attacks to breach defences
Building an ‘impermeable perimeter’ is unrealistic; institutions would be wise to focus instead on quick identification and response to threats, says executive director for resolution
BoE’s Miles: Monetary policy 'does not hold all the cards'
Monetary policy cannot be expected to achieve price stability 'in isolation from things fiscal’, argues David Miles, MPC member at the Bank of England
NY Fed's Baxter targets stronger ethical culture in banks
Thomas Baxter says progress is more important than ‘perfection' in promoting better behaviour among financial industry workers
Fed’s Powell offers support for ‘ambitious’ BoE review
Jerome Powell points to the importance of reflecting on structural changes in the fixed-income, currency and commodities markets
BoE’s Cunliffe wants better allocation of capital in Europe
Better functioning capital markets would encourage savings to be put to better use, allow greater risk sharing and provide alternative sources of finance, deputy governor says
Honohan: EU-IMF programme a qualified success
Following conclusion of programme Central Bank of Ireland governor says it did 'what it said on the tin' by restoring market confidence and stabilising the economy
RBI director cautions against foreign ‘investment tourists’
Financial stability implications of investors leaving India 'at a whiff of trouble' must be kept in mind as the country progresses down path of liberalisation, Padmanabhan says