Keynote speech: The International Transmission of US Monetary Policy Shocks

Source: European Central Bank (video statements)

Keynote speech on the second day of the ECB Conference on Monetary Policy 2025.

Lawrence J Christiano, Northwestern University
Co-Authors: Santiago Camara, Husnu Dalgic

Chair: Roberto Motto, European Central Bank

The 8th Conference on Monetary Policy featured once more an impressive academic line-up and was held as a hybrid event. The three conference sessions tackled issues related to monetary policy, including the role of financial markets and financial intermediaries in monetary policy transmission, and with relation to the current situation of elevated economic and geopolitical uncertainty. A special session showcased monetary policy related research by young economists.

See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20251006_monetary_policy_conf.en.html

https://www.youtube.com/watch?v=4f43ovou-RY