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14th ECB Central Banking Seminar

Monetary policy and non-standard measures in the euro area

Monday, 29 June to Friday, 3 July 2020

Conference Centre, Press Room C5.01, Frankfurt am Main

Participation is by invitation only.

14th ECB Central Banking Seminar

The ECB Central Banking Seminar is aimed at central bank economists with a good knowledge of monetary policy preparation and implementation, and participation is by invitation only. Besides providing an introduction to the ECB and the Eurosystem, the seminar will focus on continued global uncertainties and their impact on market confidence, standard and non-standard monetary policies, recent changes in the monetary policy implementation framework of the euro area, and structural changes in the economy and financial markets. It will also touch upon challenges related to climate change, as well as sustainable and responsible investment approaches. All presentations will be made available after the seminar.

Programme

Monday, 29 June

 

The euro area: policy framework and governance

Chair: Livio Stracca

8:15
Registration and coffee
8:45

Welcome remarks

tbc

9:00

The design of Economic and Monetary Union

Presenter: Agnieszka Trzcinska

9:45

The ECB and the Eurosystem: Institutional structure and internal working

Presenter: Katrin Arnold

10:30
Coffee break
11:00

The ECB in the international monetary and financial system and its cooperation with other central banks

Presenter: Benjamin Vonessen

11:45

Central bank independence and accountability

Presenter: Rodolfo Dall’Orto Mas

12:30
Buffet lunch
14:00

The Single Supervisory Mechanism

Presenter: Patricia Roa Tejero

15:00

The ECB’s role in financial stability and macroprudential policy in practice

Presenter: Karen Braun-Munzinger

16:00
Coffee break
16:30

Policy panel on central banks’ mandates and governance

Chair: Livio Stracca

Panellists to be confirmed in due course

17:45
Group photo
18:00
Social programme

Tuesday, 30 June

 

The ECB’s monetary policy implementation framework (I)

Chair: Cornelia Holthausen

8:30
Registration and coffee
9:00

The Eurosystem’s monetary policy implementation framework

Presenter: Ioana Alexopoulou

10:00

The Eurosystem’s counterparty and collateral framework

Presenter: tbc

11:00
Coffee break
11:30

The ECB’s operational and liquidity management framework

Presenter: tbc

12:30
Buffet lunch
14:00

The role of central banks in market infrastructure and payments

Presenter: Elin Amundsen

15:00

The Eurosystem’s reserve management services

Presenter: Emily Witt

16:00
Coffee break
16:15

Mitigating risks in the Eurosystem’s monetary policy operations

Presenter: Jorge Mourato

17:30
Social programme

Wednesday, 1 July

 

The ECB’s monetary policy implementation framework (II)

Chair: Toto Silvonen

8:30
Registration and coffee
9:00

Policy panel on tbc

Chair: Toto Silvonen

Panellists to be confirmed in due course

10:00
Coffee break
10:30

The Eurosystem’s asset purchase programme

Presenter: tbc

11:30

The management of the ECB’s foreign reserves

Presenter: Roswitha Hutter

12:30
Buffet lunch
14:00

Breakout session – Group 1: Forecasting liquidity and conducting credit operations

Presenter: tbc


Breakout session – Group 2: The international role of the euro

Presenter: tbc

15:00
Coffee break
15:30

Breakout session – Group 3: How do we measure underlying inflation?

Presenter: tbc


Breakout session – Group 4: Climate change and central banks

Presenter: tbc

16:30
Free evening

Thursday, 2 July

 

Euro area economy: crises and adjustments

Chair: João Sousa

8:30
Registration and coffee
9:00

Economic analysis: inflation, GDP and projections

Presenter: tbc

9:45

The euro area economy: a longer-term perspective

Presenter: tbc

10:30
Coffee break
11:00

Macroeconomic imbalances and structural reforms

Presenter: tbc

11:45

Fiscal policies and public finance challenges

Presenter: tbc

12:30
Buffet lunch
14:00

ECB models and forecasting tools

Chair: Isabel Vansteenkiste

Presenters: Kai Christoffel and Marta Banbura

15:00

The ECB’s communications and the role of the media

Presenter: Michael Steen

16:00
Coffee break
16:15

Policy panel on tbc

Chair: João Sousa

Panellists to be confirmed in due course

17:30
Social programme

Friday, 3 July

 

The ECB’s monetary policy

Chair: Francesco Paolo Mongelli

8:30
Registration and coffee
9:00

A tale of two decades: the ECB’s monetary policy at 20. Strategic aspects: how did the price-stability definition work out in the first vs. the second decade?

Presenters: Carlo Altavilla and Wolfgang Lemke (or other co-author (tbc))

10:00

Monetary and credit analysis

Presenter: Bettina Landau

11:00
Coffee break
11:30

Central bank communication in a more connected world

Presenter: Georg Strasser

12:30
Buffet lunch
13:30

A tale of two decades: the ECB’s monetary policy at 20. Non-conventional monetary policy and its impact

Chair: Katrin Assenmacher

Presenters: Carlo Altavilla and Wolfgang Lemke (or other co-author (tbc))

14:30
Coffee break
15:00

Policy panel on tbc

Chair: tbc

Panellists to be confirmed in due course

16:30

Concluding remarks

Angelika Lagerblom and Francesco Paolo Mongelli

This programme may be subject to change without notice.

General information

Conference venue

European Central Bank
Main building, Press Room C5.01
Sonnemannstrasse 20
60314 Frankfurt am Main

+49 69 1344 0
Fax: +49 69 1344 6000
info@ecb.europa.eu

Seminar language

English

Costs/transfers

There is no fee to attend the ECB Central Banking Seminar. However, each participant’s institution is responsible for the cost of transportation to and from Frankfurt am Main, hotel accommodation, and other incidental expenses. Participants are also requested to arrange their own transfers.

Contacts

Charlotte Schmidt
+49 69 1344 7746

Germán Gómez Ventura
+49 69 1344 95061

CBS2020@ecb.europa.eu