Speech
RBA’s Ellis urges policy-makers to look beyond economics
Head of financial stability says there is ‘a lot’ to learn from other research fields, even if some techniques ‘end up being dead ends for our purposes’
Thailand’s central bank governor warns on risks of US rates normalisation
Prasarn Trairatvorakul warns that US interest rate normalisation could lead to ‘capital flow volatility’, considering it a ‘notable risk’
Buba official warns against tapping ESM for investment
Andreas Dombret says using portion of ESM funds to finance investment in infrastructure would ‘greatly reduce effectiveness’ of rescue fund
RBI deputy targets ‘more vibrant’ FX market
Harun Khan says Indian foreign exchange market has ‘come a long way’, but a number of challenges remain; rupee has stabilised in the past few months
Significance of Swedish debt levels for Riksbank policy ‘exaggerated', says deputy
Per Jansson says expansive policy helped Sweden manage crisis better than many other countries; adds higher inflation is Riksbank's top priority
Fixing Libor needs more work, says NY Fed’s Dudley
NY Fed president says gaps in the Libor framework still need to be plugged; Fed and FSB working on solutions
Ingves: Equal implementation of Basel III a ‘major challenge'
Basel Committee chairman says Swedish banks' interconnectedness and reliance on wholesale funding justify higher capital requirements than Basel III minimum
Stronger pound has pushed down UK inflation rate, says BoE's Forbes
MPC member says 14.5% appreciation between March 2013 and July 2014 will have powerful effects on the UK economy over the coming quarters
Dombret calls on German banks to ‘embrace new risk culture’
Bundesbank executive board member sets out four criteria for assessing the ‘soundness’ of banks’ risk culture, including the ‘tone from the top’
BoE's Fisher underlines need for co-ordination between top committees
PRA deputy head says choices of one committee ‘will affect the choices of the others' and a common understanding of the economy is vital
Linde points to growing ‘dynamism’ in Spanish economy
Bank of Spain governor expects 2% annual GDP growth in the fourth quarter of 2014 and throughout 2015, but insists there are risks to Spanish recovery
Norges Bank's Olsen defends ‘leaning against the wind' policy
Noting historically high household indebtedness, Norwegian governor says central bank cannot rely on assumption that new regulations will eliminate risk of financial stress
Greek governor wants to promote SME access to capital markets
Yannis Stournaras lists what he believes are the ‘key priorities’ needed to revive the supply of credit in the eurozone; backs ECB over regulation of asset-backed securities
Carney spells out ‘right ideas’ for insurance regulation
Bank of England governor sets out three forthcoming strands of reform to the way insurers will be regulated, to avoid systemic crises in the style of AIG
RBA’s Richards outlines fast settlement service at Chicago symposium
Reserve Bank of Australia head of payments policy says the fast settlement service on the country’s new payments platform will be able to deal with ‘very short response times’
Wheeler says NZ dollar strength is ‘unjustified and unsustainable’
Central bank governor outlines cost of high exchange rate but says NZ dollar is ‘susceptible to a significant downward adjustment over the coming six to nine months’
Sama’s Almubarak praises resilient banking system
Fahad Almubarak says central bank has helped create a healthy banking system in Saudi Arabia; banks well capitalised and implementing improved security technology
Kocherlakota suggests two-year timetable on 2% target
Minneapolis Fed President says lack of a time frame suggests 'appropriate monetary policy might engender inflation that is far from the 2% target for years at a time'
Visco echoes Draghi with call for more private investment
Bank of Italy’s governor argues the main challenge in the legacy of the great recession is ‘posed by the developments in the real economy’
Canada deputy: Neutral rate of interest has dropped
Potential growth will be lower than before the crisis, warns Carolyn Wilkins, while neutral rate for Canada is 3-4%, down from pre-crisis level of 4.5-5.5%
Angolan kwanza and Namibian dollar will ‘appreciate’ on back of central bank deal
Angola and Namibia’s central banks signed a currency conversion agreement that will ‘contribute to the appreciation’ of their currencies, according to José de Lima Massano
Zambia’s Gondwe lauds interventions to support kwacha
Michael Gondwe declares success in Bank of Zambia’s use of monetary policy to shore up a sliding kwacha; says central bank now in a position to loosen tight liquidity conditions
Yellen: Unexpected $400 expense would put majority of US households in financial bind
Federal Reserve chair notes many of 25 million poorest US households have no wealth or negative net worth
Financial liberalisation much more encompassing ‘than just technical lifting of controls'
Market participants face numerous unexpected challenges as they adapt to more liberal operational environments, says Bank of Finland board member at China financial liberalisation event