Sentences with phrase «governor says the bank»

In Sweden, one of the Riksbank's deputy governors said the bank should start planning for how to deal with the end of its quantitative easing program.

In an extended metaphor the governor said the Bank was like «a church whose congregation attends weddings and burials but ignores the sermons inbetween».

Not exact matches

BI Governor Agus Martowardojo said on Tuesday the central bank had been intervening with «quite a sizeable amount» to defend the rupiah and will continue to stabilise the currency.

YELLOWKNIFE, Northwest Territories, May 1 (Reuters)- Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dBank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dbank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that debt.

When the Bank of Canada raised interest rates on July 12, Governor Stephen Poloz said the timing of the next increase will depend on future data.

TORONTO, May 1 - The Canadian dollar fell to a four - week low against its U.S. counterpart on Tuesday before paring its decline, as Bank of Canada Governor Stephen Poloz said the outlook for the domestic economy is good despite the overhang of high household debt.

YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dBank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dbank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that debt.

A central bank governor «is not hired by the government to be a free - wheeling intellectual,» said Vivek Dehejia, an economic professor at Carleton University and a senior fellow in political economy at the IDFC Institute, a think - tank in Mumbai.

As former Bank of England governor Mervyn King once said, «A successful central bank should be boring.&raBank of England governor Mervyn King once said, «A successful central bank should be boring.&rabank should be boring.»

YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rBank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rbank can manage the risk of that debt even as interest rates rise.

In his press conference today, Bank governor Stephen Poloz refused to use the term «recession,» saying only that Canada has experienced what is almost certain to be two consecutive quarters of economic contraction, but declined to attach a label to it.

The Bank of Canada couldn't ignore an annual growth rate of 4.5 percent in the second quarter, which was much faster than expected: «That's kind of what data dependent looks like,» Lane said, repeating Governor Stephen Poloz's mantra that the newest information will guide policy.

The Bank of Japan will be able to begin winding down its extraordinary monetary stimulus in the next five years, Governor Haruhiko Kuroda said over the weekend.

On Thursday, the Bank of Canada's deputy governor Lawrence Schembri said one option to strengthen the central bank's monetary policy framework is more «explicit co-ordination» with OttBank of Canada's deputy governor Lawrence Schembri said one option to strengthen the central bank's monetary policy framework is more «explicit co-ordination» with Ottbank's monetary policy framework is more «explicit co-ordination» with Ottawa.

Monetary policy and fiscal policy were out of sync, and there apparently was nothing the central bank governor felt he could say about it.

«The minister of finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation,» he said in a speech in Vancouver in 2009, slamming the door on the efforts of some in Ottawa, including former Bank of Canada governor Mark Carney, to create a more robust system of financial oversight.

Huge purchases of longer - dated Japanese government bonds is a natural way to ease monetary policy, but central bankers must monitor the side - effects, Haruhiko Kuroda, the government's nominee to be the next Bank of Japan governor, said on Monday.

Mark Carney, Bank of England governor, said that he agreed with Douglas Flint's «Jenga tower» description regarding the precarious position of London's economic system with Brexit on the horizon.

Sterling slid nearly 1 percent on Monday after Bank of England Governor Mark Carney said that any interest rate rises would be «gradual» and «limited».

South Korea, the primary casualty of a weak yen, has yet to retaliate but is weighing an «active response to minimize any negative impacts on exports,» Bank of Korea governor Kim Choong - soo said last month, raising the possibility of South Korean devaluation.

Meanwhile, Governor Mark Carney of the Bank of England also said Thursday morning that the ability of the central bank to mitigate the impact of Brexit is limiBank of England also said Thursday morning that the ability of the central bank to mitigate the impact of Brexit is limibank to mitigate the impact of Brexit is limited.

Yusuke Ikawa, rates strategist at RBS Securities in Japan, also ruled out imminent action from the BOJ and said uncertainty over who will be the next central bank governor could cause market volatility in the short term.

Bank of England Governor Mark Carney said Friday that the central bank has asked all City firms to deliver their contingency planning over BreBank of England Governor Mark Carney said Friday that the central bank has asked all City firms to deliver their contingency planning over Brebank has asked all City firms to deliver their contingency planning over Brexit.

«We know the predictable effects of protectionism,» Bank of Canada Governor Stephen Poloz said in Mexico City on May 4.

You never overreact to a single data point,» said Bank of England Governor Mark Carney.

Governor Kuroda and the Bank of Japan are «quite happy» to keep stimulating the Japanese economy, says Takuji Okubo of Japan Macro Advisors.

The country's central bank governor then said that the rate would have some flexibility, within a 5 or 6 percent range.

Reserve Bank of Australia Governor Philip Lowe said this month that the fascination with cryptocurrencies «feels more like speculative mania than it has to do with their use» as a form of payment.

Bank of England Governor Mark Carney backed U.K. Prime Minister David Cameron's European Union deal ahead of a June referendum on membership, saying the agreement allowed the central bank to do its Bank of England Governor Mark Carney backed U.K. Prime Minister David Cameron's European Union deal ahead of a June referendum on membership, saying the agreement allowed the central bank to do its bank to do its job.

Carolyn Wilkins, the bank's senior deputy governor, said Thursday that data on foreign investment in Canada's housing sector is «particularly poor,» though some research has shown it is adding to market demand.

As for the first condition, outgoing governor Mark Carney announced on April 17 that the Bank of Canada was yet again keeping its overnight rate at 1 % and said the bank was pushing back its own projections for the economy's recovery to «full capacity» to mid-2Bank of Canada was yet again keeping its overnight rate at 1 % and said the bank was pushing back its own projections for the economy's recovery to «full capacity» to mid-2bank was pushing back its own projections for the economy's recovery to «full capacity» to mid-2015.

«Huw van Steenis's vast experience of both the asset management and banking industry, together with his track record of taking the long - term view on the major structural forces driving the economy, will be invaluable,» BoE Governor Mark Carney said.

HALIFAX — The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probably the new norm, requiring central bankers to keep interest rates low during a long period of stagnation.

«Looking at recent frenzy over virtual currencies worldwide, I worry whether there is some dose of irrational exuberance there,» Bank of Korea Governor Lee Ju - yeol said over a year - end event with reporters on Wednesday night.

«Governor Carney redefined the office of the governor of the Bank of Canada,» said Lee, describing the general public persona of previous governors as «monks in the monastery,» speaking in an «econo - geek» language that didn't often resonate with Canadians aGovernor Carney redefined the office of the governor of the Bank of Canada,» said Lee, describing the general public persona of previous governors as «monks in the monastery,» speaking in an «econo - geek» language that didn't often resonate with Canadians agovernor of the Bank of Canada,» said Lee, describing the general public persona of previous governors as «monks in the monastery,» speaking in an «econo - geek» language that didn't often resonate with Canadians at large.

Governor Ricardo Rossellos office said in a statement on Tuesday that the bank, known as the GDB, will allow towns to...

The Philippine central bank has set up a separate cyber security surveillance division to craft cyber security policies and conduct surveillance work, monitor cyber threats and test the ability of supervised institutions to manage cyber security issues, Nestor Espenilla central bank deputy governor in charge of banking supervision, said in a lecture organized by the bank.

Lars Rohde, governor of the Danish National Bank, says the central bank will do «whatever it takes» to defend the Danish krone's euro Bank, says the central bank will do «whatever it takes» to defend the Danish krone's euro bank will do «whatever it takes» to defend the Danish krone's euro peg.

Bitcoin «has pretty much failed thus far on... the traditional aspects of money,» Bank of England Governor Mark Carney said.

China will steadily reform and further open its financial sector while putting «equal emphasis» on preventing financial risks through regulation and supervision, the new central bank governor said.

«We do not believe that the outlook and balance of risks warrants a position of no policy change, nor a position of rapid easings,» said Reserve Bank of New Zealand Governor Graeme Wheeler in a speech to businesspeople in Dunedin, the text of which was released on the bank's websBank of New Zealand Governor Graeme Wheeler in a speech to businesspeople in Dunedin, the text of which was released on the bank's websbank's website.

People's Bank of China (PBOC) Governor Yi Gang said that China will allow foreign firms to compete on an equal footing with domestic companies in the sector.

Bank of Japan governor Haruhiko Kuroda said he is in regular talks with Japanese Prime Minister Shinzo Abe about opening Japan to more immigration and other politically sensitive changes needed to improve potential growth, currently estimated at only around one percent annually.

The central bank governor said he expects consumer inflation pressures to be mild this year, and that producer price increases will slow.

Bank of England Governor Mark Carney had surprised many investors on Wednesday as he said the U.K.'s central bank could be required to lift interest rates as the economy came close to running at full capacBank of England Governor Mark Carney had surprised many investors on Wednesday as he said the U.K.'s central bank could be required to lift interest rates as the economy came close to running at full capacbank could be required to lift interest rates as the economy came close to running at full capacity.

Earlier this week, Bank of Canada governor Stephen Poloz also said the federal government's steps to add to the public debt in recent years has helped slow the rise in debt accumulated by Canadians.

Mnuchin said he met with China's new central bank governor, Yi Gang, during the IMF and World Bank meetings and discussed the potential for China to open its markets to more foreign competitbank governor, Yi Gang, during the IMF and World Bank meetings and discussed the potential for China to open its markets to more foreign competitBank meetings and discussed the potential for China to open its markets to more foreign competition.

In a speech Tuesday, Fed Governor Lael Brainard said the long - standing assessment at the central bank that persistently low inflation is the result of transitory factors that eventually will pass does not add up considering current circumstances.

«The preferred solution, in the opinion of many of these countries, is for the United States to internalize the effects of its monetary policies — more specifically, not to exit or at least to do so at a time that is more convenient for others,» Deputy Bank of Canada Governor John Murray recently said in prepared remarks for a speech about the likely effects of the end of QE.

Because of how the Bank of Canada has incorporated federal fiscal projections in its forecasts, there's a risk markets might over-read any tension over rates and interpret the government «as having more influence on the governor than it would past Bank of Canada governors,» he said.