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ECB Forum on Central Banking 2024

Monetary policy in an era of transformation

1-3 July 2024, Sintra, Portugal

PHOTOS

High-quality images of the ECB Forum are available via Flickr.

Find out more about ...

... joining the conversation

We want to open up the debate on social media, and we encourage everyone to get involved in the discussions. Join the conversation by using hashtags #ECBForum and #YoungEconomistPrize.

... the speakers

Learn more about our speakers, their backgrounds and their diverse expertise and professional experience.

Speakers at the ECB Forum
... the participants

The participants will ask questions and cast their vote for the Young economists' competition. 

List of participants

Programme

All times are local (CET -1)

Conference moderation

Claire Jones, International Economy News Editor, Financial Times

Monday, 1 July 2024
18:30

Opening reception and dinner

Dinner hosted by the Executive Board of the European Central Bank

Introductory speech
Monetary policy in an unusual cycle: the risks, the path and the costs

Christine Lagarde, President, European Central Bank

Live streaming of the speech will begin at 20:00.

Tuesday, 2 July 2024
8:30

Session 1: The rise and fall of inflation in the euro area – past, present and future

Chair: Luis de Guindos, Vice-President, European Central Bank

Paper: “The drivers of post-pandemic inflation”

Author: Giorgio Primiceri, Professor, Northwestern University
(together with Domenico Giannone, International Monetary Fund)

Discussant: Fernanda Nechio, Vice President, Federal Reserve Bank of San Francisco

9:30

Session 2: The economics of biodiversity

Chair: Frank Elderson, Member of the Executive Board, European Central Bank

Paper: “The economics of biodiversity loss”

Author: Theresa Kuchler, Associate Professor, New York University, Stern School of Business
(together with Stefano Giglio, Yale University, Johannes Stroebel, New York University, Stern School of Business and Olivier Wang, New York University, Stern School of Business)

Discussant: Katia Karousakis, Biodiversity Programme Leader, Organisation for Economic Co-operation and Development

10:30

Young Economist Prize

Introduction of the finalists

11:00

Coffee break and poster session for the Young Economist Prize

11:30

Panel 1: Geopolitical shocks and inflation

Chair: Isabel Schnabel, Member of the Executive Board, European Central Bank

13:00

Lunch

14:30

Policy panel

  • Roberto Campos Neto, Governor, Banco Central do Brasil
  • Christine Lagarde, President, European Central Bank
  • Jerome Powell, Chair, Board of Governors of the Federal Reserve System

Moderator: Sara Eisen, Anchor, CNBC

15:30

End of day 1

15:35

Group photo (all participants)

19:30

Informal dinner hosted by the Executive Board of the European Central Bank

Wednesday, 3 July 2024
8:30

Poster session for the Young Economist Prize

9:00

Session 3: Monetary policy cycles

Chair: Luis de Guindos, Vice-President, European Central Bank

Paper: “Rate cycles”

Author: Kristin Forbes, Professor, Massachusetts Institute of Technology
(together with Ayhan Kose and Jongrim Ha, both World Bank)

Discussant: Paolo Surico, Professor, London Business School

 10:00

Session 4: Euro area productivity in the short and long run

Chair: Piero Cipollone, Member of the Executive Board, European Central Bank

Paper: “The past, present and future of European productivity”

Author: Antonin Bergeaud, Associate Professor, HEC Paris

Discussant: Kalina Manova, Professor, University College London

11:00

Coffee break

11:30

Panel 2: Drivers of equilibrium interest rates

Chair: Philip R. Lane, Member of the Executive Board, European Central Bank

  • Claudio Borio, Head of the Monetary and Economic Department, Bank for International Settlements
  • Federica Romei, Associate Professor, University of Oxford
  • Stephanie Schmitt-Grohé, Professor, Columbia University
  • John Williams, President, Federal Reserve Bank of New York
13:00

Lunch

14:30

A conversation about current issues facing the international financial system

  • Lesetja Kganyago, Governor, South African Reserve Bank
  • Klaas Knot, President, De Nederlandsche Bank and Chair of the Financial Stability Board
15:15

Award ceremony for the Young Economist Prize

 

Closing remarks

Christine Lagarde, President, European Central Bank

18:30

Reception and dinner hosted by the Banco de Portugal
The bus to the dinner venue departs at 18:00.

SEE ALSO

Find out more about related content

2024 ECB Forum on Central Banking

You can find more information on this year's Forum on the dedicated landing page. From there you have access to all related content including our answers to some frequently asked questions. 

ECB Forum on Central Banking