Banks’ balance-sheet costs, monetary policy, and the ON RRP | Money Markets Conference 2025

Source: European Central Bank (video statements)

Session 4 on non-banks at the 2025 Money Markets conference.

Banks’ balance-sheet costs, monetary policy, and the ON RRP
• Presenter: Gabriele La Spada, Federal Reserve Bank of New York
• Gara Alfonso and Marco Cipriani, both Federal Reserve Bank of New York

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

https://www.youtube.com/watch?v=STQQDStP8n4

Monetary Innovation and Financial Architecture | Money Markets Conference 2025

Source: European Central Bank (video statements)

Session 4 on non-banks at the 2025 Money Markets conference.

Monetary Innovation and Financial Architecture
• Presenter: Franklin Allen, Imperial College London
• Ansgar Walther, Imperial College London

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

https://www.youtube.com/watch?v=UgSJOAjrC7Y

From Purchases to Exit – Central Bank Interventions | Money Markets Conference 2025

Source: European Central Bank (video statements)

Session 1 on central bank operations and balance sheet at the 2025 Money Markets conference.

From Purchases to Exit – Central Bank Interventions in Corporate Debt Markets
• Presenter: Johannes Breckenfelder, European Central Bank
• Glenn Schepens, 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

https://www.youtube.com/watch?v=e1SEWu4b0OM

A Tale of Demand and Supply for Central Bank Reserves | Money Markets Conference 2025

Source: European Central Bank (video statements)

Session 1 on central bank operations and balance sheet at the 2025 Money Markets conference.

A Tale of Demand and Supply for Central Bank Reserves
• Presenter: Sriya Anbil, Federal Reserve Board
• Sebastian Infante and Zeynep Senyuz, both Federal Reserve Board

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

https://www.youtube.com/watch?v=aPCmIAKuIP4

Session 4 – Non-banks | Banks’ balance-sheet costs, monetary policy, and the ON RRP

Source: European Central Bank (video statements)

Session 4 on non-banks at the 2025 Money Markets conference.

Banks’ balance-sheet costs, monetary policy, and the ON RRP
• Presenter: Gabriele La Spada, Federal Reserve Bank of New York
• Gara Alfonso and Marco Cipriani, both Federal Reserve Bank of New York

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

https://www.youtube.com/watch?v=D64ahI-52PI

Session 1 – From Purchases to Exit | Money Markets Conference 2025

Source: European Central Bank (video statements)

Session 1 on central bank operations and balance sheet at the 2025 Money Markets conference.

From Purchases to Exit – Central Bank Interventions in Corporate Debt Markets
• Presenter: Johannes Breckenfelder, European Central Bank
• Glenn Schepens, 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

https://www.youtube.com/watch?v=e1SEWu4b0OM

Session 4 – Non-banks | Monetary Innovation and Financial Architecture

Source: European Central Bank (video statements)

Session 4 on non-banks at the 2025 Money Markets conference.

Monetary Innovation and Financial Architecture
• Presenter: Franklin Allen, Imperial College London
• Ansgar Walther, Imperial College London

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

https://www.youtube.com/watch?v=BV1eyno2t0o

Session 1 – A Tale of Demand and Supply for Central Bank Reserves | Money Markets Conference 2025

Source: European Central Bank (video statements)

Session 1 on central bank operations and balance sheet at the 2025 Money Markets conference.

A Tale of Demand and Supply for Central Bank Reserves
• Presenter: Sriya Anbil, Federal Reserve Board
• Sebastian Infante and Zeynep Senyuz, both Federal Reserve Board

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

https://www.youtube.com/watch?v=aPCmIAKuIP4

Market Panel | Money Markets Conference 2025

Source: European Central Bank (video statements)

Market panel at the 2025 Money Markets conference. Chair: Imène Rahmouni-Rousseau, European Central Bank.

Panellists:
• Loubna Moudanib, Credit Research Manager, Vanguard
• Nicolas Pillet, Head of ALM Treasury, BNP Paribas
• Sören Radde, Head of European Economic Research, Point 72
• Victoria Saporta, Executive Director of the Markets Directorate, Bank of England

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

https://www.youtube.com/watch?v=dEH_wEmmS4s

Global funding and spillovers | Money Markets Conference 2025 – Demand Driven Risk Premia

Source: European Central Bank (video statements)

Session 3 on global funding and spillovers at the 2025 Money Markets conference.

Demand Driven Risk Premia in FX and Bond Markets
• Presenter: Ingomar Krohn, Bank of Canada
• Andreas Uthemann, Rishi Vala and Jun Yang, all Bank of Canada

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

https://www.youtube.com/watch?v=cZT0YQflbN4