Closing remarks | Bridging science and practice

Source: European Central Bank (video statements)

Closing remarks by Carlo Altavilla, Sujit Kapadia, Wolfgang Lemke, Roberto Motto, Oreste Tristan on the second 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/playlist?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=3rmDmP5GrvY

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

Young Economists | Bridging science and practice

Source: European Central Bank (video statements)

Session 4 on the second day of the ECB Conference on Monetary Policy 2025.

Chair: Oreste Tristani, European Central Bank

“Monetary Policy and the Firm-level Labor Share: A Story about Capital”
Anna Matzner, Vienna University of Economics and Business

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=n9IN3SHXkMA

Monetary policy and inflation | Bridging science and practice

Source: European Central Bank (video statements)

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

https://www.youtube.com/watch?v=FOns8748Zec

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

New AI Strategies: Executive Vice-President Henna Virkkunen

Source: European Commission (video statements)

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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https://www.youtube.com/watch?v=0O4v1xWfPxw