Session 3 on the second day of the ECB Conference on Monetary Policy 2025.
Chair: Sujit Kapadia, European Central Bank
“The trouble with rational expectations in heterogeneous agent models: A challenge for macroeconomics”
Benjamin Moll, London School of Economics
Discussant: Laura V. Gati, 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.
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
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
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
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
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
On 8 October 2025, Executive Vice-President of the European Commission for Tech Sovereignty, Security and Democracy, Henna Virkkunen, holds a press conference on the ‘Apply AI’ and ‘AI in Science’ strategies.
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On 8 October 2025, Commission President von der Leyen will participate in the EP plenary debate dedicated to a united response to recent Russian violations of the EU Member States’ airspace and critical infrastructure.
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Briefing by Parfait Onanga-Anyanga, Special Representative of the Secretary-General and Head of United Nations Office to the African Union, on strengthening the partnership between the United Nations and the African Union on issues of peace and security in Africa, including the work of the United Nations Office to the African Union (S/2024/629).
Parfait Onanga-Anyanga, Head of the UN Office to the African Union (UNOAU), said that the partnership between the United Nations and the African Union, “as well as with other regional organizations, forms the foundation of an effective, networked multilateralism.”
Addressing the Security Council, Parfait Onanga-Anyanga, said, “The strong and enduring partnership between the United Nations and the African Union, as well as with other regional organizations, forms the foundation of an effective, networked multilateralism — essential to confronting the complex, evolving, and interconnected threats that today weigh on peace, security, development, and human rights, particularly in Africa.”
Noon Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.
Highlights:
– Gaza/Israel
– Yemen
– Occupied Palestinian Territory
– UNIFIL
– Security Council
– Democratic Republic of the Congo
– Chad
– Mozambique
– Briefings Tomorrow
GAZA/ISRAEL
The Secretary-General said that two years ago today, Hamas and other Palestinian armed groups launched an abhorrent large-scale terror attack on Israel. On this day, he said, let us remember all those who were killed and suffered horrific violence.
Two years later, Mr. Guterres said, hostages remain captive in Gaza in deplorable conditions, adding that he has met with hostage families and survivors, who shared their unbearable pain with him. He said today, with even greater urgency: Release the hostages, unconditionally and immediately. End the suffering for all. Put an end to the hostilities in Gaza, in Israel and the region right now.
He said that the recent proposal by US President Donald J. Trump presents an opportunity that must be seized to bring this tragic conflict to an end. A permanent ceasefire and a credible political process are essential to prevent further bloodshed and pave the way for peace.
His full statement is online, as are statements from the Emergency Relief Coordinator Tom Fletcher, the Deputy Special Coordinator for the Middle East Peace Process, Ramiz Alakbarov, and the UNRWA Commissioner-General Philippe Lazzarini and many others.
YEMEN
The Spokesman said we issued a statement last night on Yemen, regarding the most recent arbitrary detentions by the Houthis of nine additional UN personnel. Unfortunately, this morning our colleagues in Yemen told us of the detention of one more UN staff. This brings the total number of arbitrarily detained UN staff in Yemen to 54, and this goes back to 2021. The Secretary-General strongly condemns this arbitrary detention of UN personnel, as well as that of our partners, and the ongoing unlawful seizure of UN premises and assets in areas under Houthi control.
These actions hinder our ability to operate in Yemen and to deliver critical assistance to those who need it. And the Secretary-General remains deeply concerned about the safety and security of our personnel in Yemen. As we have been telling you constantly, their whereabouts remain unknown and the Houthi de facto authorities have not permitted any physical access to any of them, despite repeated requests on our part.
The Secretary-General reiterates his urgent call for the immediate and unconditional release of all personnel from the United Nations, non-governmental organizations, civil society organizations and diplomatic missions. They must be respected and they must be protected in accordance with applicable international law.
The premises and assets of the United Nations are inviolable and must be protected at all times, consistent with the Charter and the Convention on the Privileges and Immunities of the United Nations.
We assure our colleagues that we will continue to work tirelessly, and through all available channels, to secure their safe and immediate release, as well as the return of UN agency offices and other assets. The Secretary-General remains steadfast in our commitment to support the people of Yemen and their aspirations for a just and lasting peace.
Full Highlights: https://www.un.org/sg/en/content/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=07%20October%202025
