We seem to have spent the weekend keeping track of the various comments from central bankers, government ministers, and others over the weekend at the various talkfests.
Here’s a guide to what was said and who said it:
- SNB’s Jordan: Will defend minimum exchange rate with unlimited intervention if necessary
- BOJ’s Kuroda: No gap in views between the government and the central bank that a weak yen was positive for Japan
- ECB’s Nowotny says they should only buy quality ABS
- Germany’s IW head says devaluation of the euro will not solve EU’s problems
- Mario Draghi: Eternal optimist
- Fed’s Tarullo actually makes a comment on monetary policy
- China – PBOC economist says no need for big stimulus
- China Premier Li Keqiang – China will avoid a hard landing despite worries over a slowdown
- IMF – “Bold action” needed to bolster global economic recovery, urge governments not to tighten budgets too drastically
- Fed’s Evans: Strong dollar and weak global inflation exerting downward price pressures in the US
- India’s central bank head Rajan – Expect volatility in EMs once the U.S. Fed decides to raise interest rates
- Bank of Canada’s Poloz sees labor slack, looking through some inflation
- Comments from Fed’s #2 – May slow tightening if foreign growth weaker than anticipated
- Former PBOC advisor lowers China 2014 growth forecast to 7.4%
- Ex UBS chief economist says Swiss interest rates will rise soon
- ECB’s Nowotny says euro very likely to keep weakening
