The ECB and Its Watchers XX

March 27, 2019

Hilton Frankfurt City Centre
Hochstrasse 4
60313 Frankfurt am Main


Program

8:30 – 8:55

Registration and Coffee

8:55 – 9:00

Welcome
Volker Wieland (Institute for Monetary and Financial Stability) (Speech)

9:00 – 9:40

President's Address
Mario Draghi (President of the European Central Bank) (Speech)

9:45 – 11:15

Debate 1: Next Steps in Policy Normalization

Chair: Michael Binder (Goethe University Frankfurt)

Speakers:

Peter Praet (Member of the Executive Board of the ECB) (Speech)
Ricardo Reis (London School of Economics) (Presentation)
Charles I. Plosser (Hoover Institution, Stanford University) (Presentation)

Lead questions:

Petra Geraats (University of Cambridge)
Katharina Utermöhl (Allianz)
Jari Stehn (Goldman Sachs)
11:15 – 11:45 Coffee Break

11:45 – 13:15

Debate 2: International Spillovers of Monetary Policy and Financial Stability Concerns

Chair: Luisa Lambertini (Ecole Polytechnique Fédérale de Lausanne)

Speakers:

Luis de Guindos (Vice-President, European Central Bank) (Speech)
Laurence Boone (OECD) (Presentation)
Jacob A. Frenkel (JPMorgan Chase International)

Lead questions:

Ulrich Kater (DekaBank)
Frank Engels (Union Investment)
Thomas M.J. Möllers (Stiftung Geld und Währung)

13:15 – 14:30

 Lunch

14:30 – 16:00

Debate 3: Challenges to Central Bank Independence

Chair: Petra Geraats (University of Cambridge)

Speakers:

Yves Mersch (European Central Bank) (Speech)
Paul Tucker (Harvard University) (Background Paper) (Presentation)
John H. Cochrane (Hoover Institution, Stanford University) (Summary in his blog)

Lead questions:

Elga Bartsch (Blackrock)
Sylvain Broyer (S&P Global Ratings)
Julian Callow (Element Capital)
Dirk Schumacher (Natixis)

16:00 – 16:10

Closing Remarks

Volker Wieland (Institute for Monetary and Financial Stability)