- 13th ECB Central Banking Seminar
 
Monetary policy in the euro area
Frankfurt am Main, 1 to 5 July 2019
Participation is by invitation only.
Programme
- 
   
The euro area: policy framework and governance
Chair: Livio Stracca
 - 8:15
 - Registration and coffee
 - 8:45
 -  
   
Introduction
Luis de Guindos, Vice-President of the ECB
 - 9:00
 -  
   
The design of Economic and Monetary Union
Presenter: Jean François Jamet
 - 9:45
 -  
   
The ECB and the Eurosystem: institutional structure and governance
Presenter: Michael Sturm
 - 10:30
 - Coffee break
 - 11:00
 -  
   
The first 20 years of the European Central Bank: monetary policy
Presenter: Philipp Hartmann
 - 11:45
 -  
   
The international role of the euro
Presenter: Regine Wölfinger
 - 12:30
 - Buffet lunch
 - 14:00
 - 
   
The Single Supervisory Mechanism
Presenter: Patricia Roa Tejero
 - 15:00
 - Coffee break
 - 15:30
 - 
   
The ECB’s role in financial stability and macroprudential policy
Presenter: Fatima Pires
 - 16:30
 - 
   
Policy panel on governance and the changing architecture of EMU
Chair: Livio Stracca
Panellists:
- Agnès Bénassy-Quéré, Paris School of Economics
 - José Leandro, European Commission
 
 - 17:30
 - Social programme
 
- 
   
Euro area economy: crises and adjustment
Chair: João Sousa
 - 8:30
 - Registration and coffee
 - 9:00
 -  
   
The euro area economy: economic conditions, inflation and prospects
Presenter: Neale Kennedy and Gerrit Koester
 - 9:45
 -  
   
The euro area economy: a longer-term perspective
Presenter: Agostino Consolo
 - 10:30
 - Coffee break
 - 11:00
 -  
   
Macroeconomic imbalances and structural reforms
Presenters: David Sondermann and Tobias Schuler
 - 11:45
 -  
   
Fiscal policies and public finance challenges
Presenter: Stephan Haroutunian
 - 12:30
 - Buffet lunch
 - Chair: Christiane Nickel
 - 14:00
 - 
   
ECB models and forecasting tools
Presenters: Kai Christoffel and Marta Banbura
 - 15:00
 - 
   
ESCB statistics and the main challenges ahead
Presenter: Vitaliana Rondonotti
 - 16:00
 - Coffee break
 - 16:15
 - 
   
Policy panel on lessons from the crisis for policy making and crisis prevention (both at EU/EMU level and at the level of Member States)
Chair: Klaus Masuch
Panellists:
- José-Luis Escrivá, Independent Authority for Fiscal Responsibility, Spain
 - Servaas Deroose, former European Commission
 
 - 17:30
 - Group photo
 - 19:00
 - Social programme
 
- 
   
The ECB’s monetary policy
Chair: Francesco Paolo Mongelli
 - 8:30
 - Registration and coffee
 - 9:00
 -  
   
The ECB’s monetary policy: standard and non-standard measures
Presenter: Julian Schumacher
 - 10:00
 -  
   
Monetary and credit analysis
Presenter: Bettina Landau
 - 11:00
 - Coffee break
 - 11:30
 -  
   
Monetary policy transmission mechanisms
Presenter: Carlo Altavilla
 - 12:30
 - Buffet lunch
 - Chair: Katrin Assenmacher
 - 14:00
 - 
   
Central bank communication and the role of forward guidance
Presenter: Georg Strasser
 - 15:00
 - 
   
The ECB’s communications and the role of the media
Presenter: Michael Steen
 - 16:00
 - Coffee break
 - 16:30
 - 
   
Macroprudential policy measures: real economy impact and interaction with monetary policy
Presenter: Kalin Nikolov
 - 17:30
 - 
   
Policy panel on monetary policy in the euro area and the path towards a “new normal”
Chair: Natacha Valla
Panellists:
- Volker Wieland,Goethe Universität Frankfurt am Main
 - Sylvain Broyer, Standard and Poors
 
 
- 
   
The ECB's monetary policy implementation framework (I)
Chair: Angelika Lagerblom
 - 8:30
 - Registration and coffee
 - 9:00
 -  
   
Overview of and recent changes in the monetary policy implementation framework
Presenter: Pontus Åberg
 - 10:00
 - Coffee break
 - 10:30
 -  
   
Forecasting liquidity and conducting credit operations
Presenter: Irene Katsalirou
 - 11:30
 -  
   
Main features of the euro money market
Presenter: María Encio
 - 12:30
 - Buffet lunch
 - 14:00
 - Social programme
 
- 
   
The ECB's monetary policy implementation framework (II)
Chair: Torsti Silvonen
 - 8:30
 - Registration and coffee
 - 9:00
 -  
   
Policy panel on monetary policy implementation frameworks in constantly evolving financial markets
Chair: Ulrich Bindseil
Panellists:
- Helena Adegas, Banco de Portugal
 - Loriana Pelizzon, SAFE at Goethe Universität Frankfurt am Main
 - Marc Resinek, Deutsche Bundesbank
 - Jan De Wit, National Bank of Belgium
 
 - 10:00
 - Coffee break
 - 10:30
 -  
   
The Eurosystem collateral framework and the functioning of collateral markets
Presenter: Marco Corsi
 - 11:30
 -  
   
Mitigating risks in the Eurosystem’s monetary policy operations
Presenter: Jorge Mourato
 - 12:30
 - Buffet lunch
 - 14:00
 -  
   
The Eurosystem’s asset purchase programme, including reinvestment
Presenters: Christophe Beuve, Katharina Plessen-Matyas and Kieran Leonard
 - 15:00
 - 
   
ECB foreign reserves management
Presenter: Etienne Port
 - 15:45
 - Coffee break
 - 16:00
 - 
   
The Eurosystem’s reserve management services
Presenter: Emily Witt
 - 17:00
 - 
   
Concluding remarks
Francesco Mongelli
 
This programme may be subject to change without notice.
General information
 European Central Bank 
 Main building, conference centre, room C2.02
 Sonnemannstrasse 20 
 60314 Frankfurt am Main
 +49 69 1344 0 
 Fax: +49 69 1344 6000 
 info@ecb.europa.eu 
English
Participants are requested to arrange their own transfers.
Antonella Boschi
 Directorate General Market Operations
  +49 69 1344 8558
 CBS2019@ecb.europa.eu