Fireside chat | Bridging science and practice

Source: European Central Bank (video statements)

Fireside chat on the first day of the ECB Conference on Monetary Policy 2025.

Chair: Massimo Rostagno, European Central Bank

Speakers:
• Olivier Blanchard, Massachusetts Institute of Technology
• Lawrence J Christiano, Northwestern University

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.

Watch all sessions from the conference: https://www.youtube.com/watch?v=uHL-GiSCIeg&list=PLnVAEZuF9FZmf9OqnaZC1MoI91YBHNe5e

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=jCyzhvaMyho

Monetary policy, credit and banking | Bridging science and practice

Source: European Central Bank (video statements)

Session 2 on the first day of the ECB Conference on Monetary Policy 2025.

Chair: Carlo Altavilla, European Central Bank

“Bank Financing of Global Supply Chains”
Camelia Minoiu, Federal Reserve Bank of Atlanta
Co-Authors: Laura Alfaro, Mariya Brussevich, Andrea Presbitero
Discussant: Björn Imbierowicz, Deutsche Bundesbank

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.

Watch all sessions from the conference: https://www.youtube.com/watch?v=uHL-GiSCIeg&list=PLnVAEZuF9FZmf9OqnaZC1MoI91YBHNe5e

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=nwqO-cdBoEg

Monetary policy and financial markets | Bridging science and practice

Source: European Central Bank (video statements)

Session 1 on the first day of the ECB Conference on Monetary Policy 2025.

Chair: Wolfgang Lemke, European Central Bank

“Equity Duration and Interest Rates”
Niels Gormsen, University of Chicago Booth School of Business & NBER
Co-Author: Eben Lazarus
Discussant: Mariano M. Croce, Bocconi University

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.

Watch all sessions from the conference: https://www.youtube.com/watch?v=uHL-GiSCIeg&list=PLnVAEZuF9FZmf9OqnaZC1MoI91YBHNe5e

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=HV6eQ3o55Go

Keynote speech: The Monetary Policy Reaction Function | Bridging science and practice

Source: European Central Bank (video statements)

Keynote speech by Philip R. Lane, Member of the Executive Board, European Central Bank, on the first day of the ECB Conference on Monetary Policy 2025.

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.

Watch all sessions from the conference: https://www.youtube.com/watch?v=uHL-GiSCIeg&list=PLnVAEZuF9FZmf9OqnaZC1MoI91YBHNe5e

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=uHL-GiSCIeg

When do deficits fuel inflation? | Inflation: Drivers and Dynamics Conference 2025

Source: European Central Bank (video statements)

Keynote Speech: When do deficits fuel inflation? at the Inflation: Drivers and Dynamics Conference 2025.

• Gauti B. Eggertsson, Brown University
• Introduction and chair: Peter Karadi, European Central Bank

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA

See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html

https://www.youtube.com/watch?v=yGdIj7zhDxY

Inflation and Monetary Policy | Inflation: Drivers and Dynamics Conference 2025

Source: European Central Bank (video statements)

Session 5 on Inflation and Monetary Policy at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Edward Knotek, Federal Reserve Bank of Cleveland.

Monetary Policy across Inflation Regimes
• Presenter: Katerina Petrova, Federal Reserve Bank of New York, Universitat Pompeu Fabra, and Barcelona School of Economics
• Valeria Gargiulo, Universitat Pompeu Fabra
• Christian Matthes, Indiana University
• Discussant: Marco Lombardi, Bank for International Settlements

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA

See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html

https://www.youtube.com/watch?v=NtR6S1sQTk0

Trade and Inflation Session | Inflation: Drivers and Dynamics Conference 2025

Source: European Central Bank (video statements)

Session 4 on Trade and Inflation at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Elena Bobeica, European Central Bank.

Trade Costs and Inflation Dynamics
• Presenter: Albert Queralto, Federal Board of Governors of the Federal Reserve System
• Pablo Cuba-Borda, Federal Board of Governors of the Federal Reserve System
• Ricardo Reyes-Heroles, Federal Reserve Bank of Dallas
• Mikaël Scaramucci, University of California, Los Angeles
• Discussant: Ine Van Robays, European Central Bank

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA

See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html

https://www.youtube.com/watch?v=MYOcYknsagU

Policy Panel | Inflation: Drivers and Dynamics Conference 2025

Source: European Central Bank (video statements)

Policy panel at the Inflation: Drivers and Dynamics Conference 2025.

• Beth M. Hammack, Federal Reserve Bank of Cleveland
• David E. J. Ramsden, Bank of England
• Philip R. Lane, European Central Bank
• Moderator: Benoît Mojon, Bank for International Settlements

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA

See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html

https://www.youtube.com/watch?v=sG_ezh8ttX8

Inflation Expectations Session | Inflation: Drivers and Dynamics Conference 2025

Source: European Central Bank (video statements)

Session 2 on Inflation Expectations at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Damjan Pfajfar, Federal Reserve Bank of Cleveland.

• Presenter: Raphael Schoenle, Brandeis University
• Nicola Gennaioli, Bocconi University
• Marta Leva, Bocconi University
• Andrei Shleifer, Harvard University
• Discussant: Lena Dräger, Leibniz Universität Hannover

Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA

See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html

https://www.youtube.com/watch?v=Ka1m9oSl7OY