Speech
Lautenschläger enunciates Buba's macro-pru approach
Focus on individual banks must be complemented by efforts to stem 'pro-cyclical' tendencies of the financial system as a whole, says Bundesbank deputy
RBA's Debelle backs Mundell-Fleming model
Reserve Bank of Australia assistant governor tells IMF annual conference that recent papers have failed to convince him to abandon traditional models of exchange rate effects
Crisis a 'classic panic' in novel institutional context, says Bernanke
Speaking at the IMF annual research conference in DC, Fed chair warns of moral hazard arising from actions to limit crisis early on; outlines US long-term measures aimed at curbing such externalities
Taiwan upgrading payments tech in RMB push
A deputy governor at the Taiwanese central bank reveals plans to expand the country’s new foreign currency clearing system to create technological backbone for offshore renminbi market
NY Fed's Dudley says Sifis must build firmer foundations
Reducing the chances of a systemically important financial institution (Sifi) failing - and bringing the system down with it - is key to overcoming 'too big to fail', says Bill Dudley
Pianalto confident housing market on road to recovery
It was the housing market that ‘got us into this situation', Cleveland Fed president says - but nevertheless a recovery in the overall economy will translate through to a housing rebound
BoE's Kohn stresses predictable nature of FPC ‘knockout'
Financial Policy Committee member Donald Kohn tells Oxford audience the Bank of England's new macro-prudential powers should allow monetary policy to act more effectively
Constâncio insists private sector will play ‘major’ role in filling capital shortfalls
The ECB’s vice-president says banks will be able to fill any capital holes turned up in the central bank’s comprehensive assessment at least partly through private funds
Kuroda sets out evidence that Japan’s recovery will persist
Bank of Japan governor highlights a range of factors that suggest Japan may be bringing 15 years of stagnation to a close – supported by the central bank’s aggressive monetary policy
ECB’s Asmussen urges Denmark and Sweden to sit at banking union table
Jörg Asmussen says the single supervisory mechanism will be the envy of those outside the eurozone; tells Denmark and Sweden they will get more of a say if they have ‘a chair at the table’ now
Boston Fed president wants low rates well into future
Boston Fed president Eric Rosengren says Federal Reserve should not raise its short-term interest rates until there is ‘much more progress’ towards full employment and its inflation target
Thailand’s Prasarn highlights ‘dramatic’ turnaround caused by Fed taper-talk
Embattled emerging market central banks trying to resist capital inflows suddenly had the opposite problem as Fed hinted at QE taper, but some may have tightened too fast, says Thai governor
Fed’s Fisher attacks ‘ineffective’ US government
Dallas Fed president Richard Fisher holds the United States government accountable for the slow pace of economic recovery; says the Fed has acted swiftly and decisively in comparison
IMF's Lipton says Germany faces grave risks from global 'mismanagement'
Fund's first deputy managing director pleads with European powerhouse to 'lift its sights to the global horizon as well' as it carries on the work of the European project
Norges Bank governor heralds countercyclical capital buffer
Øystein Olsen says 'primary purpose' of prudential tool is increasing banks' resilience as systemic risk increases; buffer will vary between zero and 2.5% of risk-weighted assets
Portugal governor: banks are stronger now than pre-crisis
Bank of Portugal's Carlos da Silva Costa argues stringent capital requirements 'well above the EU 8% benchmark' are starting to pay off; banks' average loan-to-deposit ratio was 123% in June
Bank of Spain's Linde touts comeback of local banks
Governor says lenders' solvency position has improved noticeably from a year ago; highlights 'drastic reduction' in toxic assets on banks' balance sheet
Bank of Canada deputy takes on 'elusive' potential output
Agathe Côté says measuring potential output is a 'formidable' task; notes Canadian output gap is 'sizeable' and potential growth rate likely to remain at 2% in coming years
Flug calls for inclusive Israeli labour market
Next Bank of Israel governor Karnit Flug says integrating Arab population into Israeli economy will counteract expected decline in working age population and subsequent drop in growth rates
IMF director delivers verdict on Abenomics one year on
Anoop Singh says Japanese prime minister’s stimulus plan has helped put Japan ‘at the centre of the global economic map’; tells Japan not to squander the opportunity
RBA's Stevens says exchange rate disconnected from fundamentals
RBA governor Glenn Stevens says Australia's current exchange rate is not supported by the country's relative levels of costs and productivity
ECB's Cœuré urges eurozone to take lessons from Asia
Executive board member says governments' response to the Asian financial crisis, including overhaul of domestic financial sectors, made for painful adjustment but swift recovery
Curaçao governor ‘baffled’ by bond market reluctance
Emsley Tromp extols the value of innovation in monetary policy, and expresses his bemusement at the region’s apprehension over the creation of a corporate bond market
BoJ’s Iwata draws lessons from ‘Takahashi economic policy’
Current Bank of Japan deputy examines former governor and finance minister’s success in lifting Japan out of deflation in the 1930s; underlines importance of expectations, both past and present