Session 2 on repo markets at the 2025 Money Markets conference.
Securities Losses, Interbank Markets, and Monetary Policy Transmission – Evidence from the Eurozone
• Presenter: Dominik Supera, Columbia Business School
• Mariassunta Giannetti, Stockholm School of Economics
• Martina Jasova, Columbia University
• Caterina Mendicino, European Central Bank
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZn2pK-WLVNXERH0hPmXmggt
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20251106_money_markets.en.html
Welcome address by Imène Rahmouni-Rousseau, European Central Bank, on the first day of the 2025 Money Markets conference.
Opening remarks by Isabel Schnabel, Member of the Executive Board at the European Central Bank, on the first day of the 2025 Money Markets conference.
The conference will discuss the ongoing adjustments in money markets as they adapt to smaller central bank balance sheets, evolving operational frameworks for monetary policy implementation, and the increasing role of non-bank financial intermediaries.
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20251106_money_markets.en.html
Today our Governing Council decided on monetary policy.
Listen to President Christine Lagarde present today’s decisions. The statement also covers:
• how the economy is performing
• how we expect prices to develop
• the risks to the economic outlook
• the dynamics behind financial and monetary conditions
Published and recorded during our press conference on 30 October 2025.
Our monetary policy statement at a glance, 30 October 2025
www.ecb.europa.eu/press/press_conf…_october.en.html
Christine Lagarde, Luis de Guindos: Monetary policy statement, 30 October 2025
www.ecb.europa.eu/press/press_conf…74dde15e.en.html
Monetary policy decisions, 30 October 2025
www.ecb.europa.eu/press/pr/date/20…0540b5c0.en.html
Combined monetary policy decisions and statement, 30 October 2025
www.ecb.europa.eu/press/press_conf…5d99d5b1c.en.pdf
European Central Bank
www.ecb.europa.eu/home/html/index.en.html
ECB President Christine Lagarde explains the Governing Council’s monetary policy decisions and will answer questions from journalists at the Governing Council press conference to be held on Thursday, 30 October 2025 at 14:45 CET in Florence, Italy.
Session 5 on the second day of the 5th WE_ARE_IN Macroeconomics and Finance Conference 2025.
Chair: Caterina Mendicino*, ECB
“The Systematic Origins of Monetary Policy Shocks”
Authors:
• Lukas Hack, ETH Zürich
• Klodiana Istrefi*, ECB and CEPR
• Matthias Meier, University of Mannheim
Discussant: Francesca Monti*, UCLouvain and CEPR
The Centre for Economic Policy Research (CEPR), the Bank for International Settlements (BIS) and the European Central Bank (ECB) organised their 2025 conference WE_ARE_IN Macroeconomics and Finance. The aim of the conference is to bring together women in economics to present and discuss new research on macroeconomics and finance which is of particular interest to central banks.
WE_ARE_IN stands for Women in Economics: Advancing Research in Economics Internationally. It complements the WE_ARE initiative, a CEPR seminar series in which junior women present their work and receive constructive feedback from their peers and from senior economists.
The conference took place on 20 and 21 October 2025 in Frankfurt am Main.
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnv2PtaYv_V20Ae4cN18GNQ
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20251020_we_are_in.en.html