Speech
RBA governor says bank's ‘boring' monetary policy stance a success
Glenn Stevens notes external ‘search for yield' is bidding up real asset prices in Australia; most observers expect interest rates to remain low ‘for some time yet'
Chile’s central bank governor laments ‘weak performance’ of economy
The central bank lowered the projection for annual GDP growth this year to 1.75–2.25%, while it now expects inflation to hit 4.1%
RBI's Joshi: Direct benefit transfers a ‘game changer' but have ‘not progressed smoothly enough'
Indian financial inclusion initiative needs government streamlining and the help of commercial banks to work, says Deepali Pant Joshi
Cœuré calls for greater integration in retail banking and capital markets
The financial crisis ‘undermined this process’ and pushed retail banking services within national borders, says executive board member of the ECB
BoJ’s Ishida homes in on private consumption
Policy board member says expectations of future income growth will have to increase if private consumption is to continue driving Japan’s economic recovery
Prasarn sees central bank role at heart of Thailand economy's defence
Thai economy can return to growth now the government is back on the pitch as play-maker, but governor warns US rate hikes and domestic household debt pose risks
Jamaican governor hails resilience to inflation shocks
Bryan Winter says the country’s reform program has enabled inflation to remain low despite sharp depreciation in currency; reveals new design of monetary policy report
Riksbank's first deputy calls for macro-prudential measures that directly limit household debt
Kerstin af Jochnick suggests amortisation requirements and ‘review of tax deductions for interest paid' in Stockholm speech
Riksbank's Ingves and Flodén warn over risks of persistent low interest rates
Interest rates may need to stay low - creating dangerous levels of household debt, Riksbank governor and deputy tell parliamentary committee
HKMA's Chan will champion Hong Kong's asset management industry
Norman Chan calls on officials to ‘put our heads together’ and figure out how to attract more ‘upstream’ asset management activities to Hong Kong
Renminbi fails two out of five key tests to be reserve currency, says Malaysian deputy
Trading prowess, official support and confidence in China are heavily in renminbi’s favour, but there are issues over the country’s financial market development and role as an exporter of capital
New York Fed president suggests Dodd-Frank has made investors ‘more skittish'
William Dudley notes ‘extraordinary interventions' will be more difficult to undertake, potentially destabilising the financial system by unnerving investors
Stanley Fischer upbeat on US productivity potential
Fed vice-chair says productivity cycles are ‘extremely difficult to predict'; emphasises possibility that productivity will continue to rise in line with historical average
Malaysian deputy targets 'distortions’ in payments market
Muhammad bin Ibrahim says ‘more needs to be done’ to correct price distortions that he believes are holding back electronic payments in the country
Chan says Hong Kong has nothing to fear from further mainland liberalisation
Competition from Shanghai 'not a zero sum game' says HKMA head; rather, further internationalisation of the renminbi will create a 'bigger pie'
Broadbent says credible policy blunts current account deficit threat
UK current account deficit is historically large but is not threatening growth, new Bank of England deputy says, thanks in part to macroeconomic policy framework
Kuroda says ‘prompt action’ needed to address impact of demographic changes
Bank of Japan governor tells Asian policy-makers to face up to the problems created by a shrinking working age population ‘at an early stage’
RBI executive director says ‘multiple instruments' needed to stem EM capital outflows
Deepak Mohanty says drawdown of forex reserves, monetary tightening, and augmentation of reserves needed to dampen speculative flows
BoE exec calls for enough GLAC to restore capital level above minimum
Banks that have undergone resolution ‘likely to need at least as much capital as other banks in the market' to command market confidence
Banxico deputy says capital controls 'multilaterally detrimental'
Manuel Ramos-Francia says EMs that have implemented capital controls to stem capital flows have ‘deflected' them towards other economies, creating political tension
Weidmann encourages UK to stay in EU
Deutsche Bundesbank president says the UK and continental Europe are 'more than the sum of their parts' and have both benefited from the European Union
Cœuré spells out difficulties of global monetary policy co-ordination
European Central Bank’s Benoît Cœuré says he is 'not convinced' the existing approach to co-ordination should be overhauled; rejects feasibility of a 'global planner'
RBA deputy hints at renminbi clearing bank and RQFII quota
Philip Lowe reveals that Australia should get a designated clearing bank ‘in the coming months’ and hopes to obtain a quota for investment in mainland China shortly after
RBA governor questions impact of QE on risk-taking in real economy
Glenn Stevens says it is ‘hard to read’ whether the effects of QE are filtering through to the real economy; business capital spending remains low in many major economies