Speech
Fed’s Raskin assesses impact of inequality on monetary policy
Governor Sarah Bloom Raskin says inequality in US could affect transmission of monetary policy to real economy; predicts ‘increasingly potent’ policy as house prices rise
RBI’s Subbarao weighs merits of new consensus on capital controls
Duvvuri Subbarao says financial crisis shattered consensus view that capital controls should not be used, but deploying them correctly is still far from straightforward
Norges Bank governor backs plans for counter-cyclical capital buffer
Øystein Olsen gives support to proposals by the Norwegian government to introduce a counter-cyclical capital buffer; will be set by ministry of finance with advice from the Norges Bank
BoJ's Miyao sees weaker yen as key to ending deflation
Leading proponent of monetary easing highlights a change in the dollar-yen exchange rate as key to hitting Bank of Japan's 2% inflation target
Asia faces increasingly complex risk, says MAS assistant managing director
Ng Nam Sin says insurers face both growing opportunities and increasingly large, complex and interconnected risks; Asean committee will help promote co-operation
RBI executive director discusses challenges in sustainable housing finance
Deepak Mohanty examines how best to extend housing finance in India, against the backdrop of multiple financial crises caused by unsustainable mortgage growth
Fed’s Yellen sees little evidence of stability danger from easy policy
Janet Yellen defends accommodative stance of US monetary policy; says there is no ‘pervasive evidence’ that policies are causing overheating
SNB vice-chair tells people to ‘fasten seatbelts’ following CCB activation
Jean-Pierre Danthine says activation of the counter-cyclical capital buffer aims to avoid a sharp fall in property prices and rise in defaults, but achieving a soft landing will be challenging
RBA assistant governor says investment boom is inflating currency
Guy Debelle says the growing resource sector is being funded by capital inflows, which are contributing to a higher-than-expected Australian dollar
ECB’s Cœuré highlights US and Europe payments division
Executive board member Benoît Cœuré says credit cards play a larger role in the US payments industry; identifies benefits of expanding European debit card usage
Central bank remits have little impact on policy
Bank of England MPC member says the weight central banks ascribe to output and employment makes little difference to the monetary policy they follow
Kuroda outlines thinking behind monetary shock tactics
New BoJ governor says ‘quantitative and qualitative measures' will remain in place until inflation stabilises at the 2% level, and explains why he rejected a gradual approach to easing
Plosser: Fed should cut asset purchases now
Philadelphia Fed president says there has been ‘substantial improvement’ in US economy and labour market; sees scope to taper asset purchases now and end programme altogether in 2013
Italian governor calls for greater understanding of Islamic finance
Ignazio Visco says ethical finance focuses on 'the link between financial transactions and underlying assets'
ECB’s Cœuré outlines efforts to cushion impact of regulation on SME lending
Executive board member says the European Central Bank can only tackle funding constraints – other stakeholders must address credit risk and lack of capital
Haldane issues call to arms in fight against regulatory complexity
Bank of England executive director warns incremental approach to regulation papers over cracks and leads to a burdensome, ineffectual patchwork of rules
Lagarde highlights emergence of ‘three-speed’ global economy
IMF managing director says differences between regions are ‘starker than ever’ as emerging markets leave many advanced economies behind
Zambian governor targets Muslim banking expansion
Michael Gondwe says the economically valuable Muslim community is shunning the use of commercial banks due to lack of appropriate products; proposes banking expansion
Norges Bank governor outlines Norwegian model for stability
Øystein Olsen tells Harvard audience of Norway's fiscal rule and inflation-targeting - but warns the system has yet to be seriously tested
BIS' Caruana warns low rate environment allows reforms to be postponed
BIS chief warns regulators may be 'fighting the last war', and calls for central bankers to push for 'a return to sustainable government finances'
Yellen calls quantitative thresholds a ‘major improvement’ in forward guidance
Federal Reserve vice-chair justifies move to unemployment-based guidance; says clear ‘exit principles’ are important for ending quantitative easing safely
Assistant governor says RBNZ should not be target of exchange rate ‘angst’
John McDermott deflects criticism that the central bank is failing to correct the exchange rate, warning hard-won inflation credibility could be lost and other factors are at play
San Francisco Fed president predicts mid-year asset purchase slowdown
John Williams says economy has shifted into ‘higher gear’ and a substantial labour market improvement could trigger decline in asset purchases
Canadian deputy says global demand must ‘rotate’
John Murray warns that a lack of co-operation in global rebalancing will only make the situation worse; says global GDP could contract by $6 trillion by 2015