Speech
Central Bank of Colombia director calls for new policy tools
Colombia’s central bank needs to ‘steer regulation towards dealing with the systemic risks in the financial sector as a whole’ and not as isolated parts, argues director
Ireland’s Honohan: organisational structure to be ‘thoroughly overhauled’
Central Bank of Ireland governor details ongoing efforts to rectify the regulatory failings that led to the 2008 crisis in the country's banking system
Canada deputy warns lower oil prices likely 'to be bad' for the country
Timothy Lane says gains from recent price drop ‘will be more than reversed' as hit to local producers ‘spill over to the rest of the economy'
Prolonged weakness of Mexico’s peso could impact inflation, says central bank deputy
A weakening of the Mexican peso could lead to a pick-up in inflation and ‘should be carefully monitored’, says Manuel Sánchez
Tombini: Central Bank of Brazil to do ‘whatever is necessary’ to hit inflation target
Brazil central bank ‘will do whatever is necessary’ to ensure inflation enters into a ‘long period of decline’ from this year onwards, governor says
Bank of Mexico expects inflation back on target in 2015
Inflation in Mexico ended the year slightly above target, at 4.08%; Agustín Carstens expects it will converge to the goal of 3% ‘from mid-2015’
FOMC member says ‘very low' inflation provides ‘ample justification' for patience on rate hike
Eric Rosengren highlights ‘unusual set of conditions' as Fed looks to normalise policy stance; says low inflation globally may prompt an atypically gradual normalisation process
Zambian governor fears shariah scholar shortage
Michael Gondwe identifies challenges to the growth of Islamic finance in Zambia, which he believes is necessary to provide affordable products and services to the population
Bahrain governor defends capital ratios
Rasheed Mohammed Al Maraj argues capital requirements ‘are not arbitrary, or excessive or punitive’ as they are necessary to prevent excessive risk-taking
Caruana sees leverage ‘evolving’ at global level
BIS general manager highlights risks beyond the banking sector, including an increase in corporate leverage in the wake of the financial crisis
Australian banks look to stable deposits to meet LCR, says Debelle
Interest rates on more stable deposit products are rising as banks prepare for liquidity coverage ratio’s January deadline, says Reserve Bank of Australia assistant governor
Bonnici disappointed by TLTRO take-up in Malta
Central Bank of Malta governor Josef Bonnici says it "would be a pity" if the country’s banks did not take advantage of the cheap funding on offer
RBI's Rajan looks to regional and domestic demand
RBI governor argues India must look to regional and domestic demand for its growth, while still working towards a ‘more open and fair global system’
Bank of Finland’s Honkapohja advocates ‘cautious and gradual’ approach to deregulation
Central bank board member offers lessons for China from Nordic experience with financial deregulation, and advocates a cautious approach over a ‘big bang’
Linde fears ‘revival’ of debt sustainability concerns
Concerns about the sustainability of European sovereign debt have not disappeared and could be reactivated if the economic conditions worsen, says Linde
Tombini: Brazilian inflation might increase in the near term
Central Bank of Brazil governor believes inflation could rise in the next few months on the back of a depreciation in the real, but commits to bring it back to the target ‘as fast as possible’
Active FX intervention could have long-term costs, says Bank of Mexico deputy
Central bank policies to manage capital flows ‘may have resulted in short-term benefits’ but their costs in terms of market distortions ‘may be high’
BoE’s Bailey considers relevance of macro-prudential tools in insurance sector
Deputy governor says there is a ‘good argument’ for a macro-prudential response to a situation where insurers are liquidating their assets on a pro-cyclical basis
Fisher: Fed should let security holdings 'roll off' at maturity
Dallas Fed president plans to urge FOMC colleagues to ‘think more outside the box' during final four months in office
BoJ’s Sato explains QE dissent
Board member who voted against expansion of QE in October says he already sees a ‘virtuous circle’, meaning more asset purchases bring high risks will little reward
Riksbank deputy dismisses criticism of interest rate ‘experiment'
Per Jansson says ‘leaning against the wind' played minor part in recent years' policy discussions; suggests outside predictions of low inflation have been overplayed
Zeti: Greater financial integration will boost growth potential in South East Asia
Greater financial integration in the Asean economies will help channel funds towards ‘productive’ investment, says Bank Negara Malaysia governor Zeti Akhtar Aziz
Nepalese governor sets sights on regional capital market
Yuba Raj Khatiwada identifies market infrastructure and corporate bonds as two key areas for development as Asia works towards greater capital market integration
Lautenschläger against QE for now
Executive board member says the costs outweigh the benefits ‘at this current time’ and raises a host of questions to consider before the ECB can start buying government bonds