The ECB and Its Watchers XX

March 27, 2019

Hilton Frankfurt City Centre
Hochstrasse 4
60313 Frankfurt am Main

Please note that attendance of "The ECB and Its Watchers" conference is by invitation only.


8:30 – 8:55

Registration and Coffee

8:55 – 9:00

Volker Wieland (Institute for Monetary and Financial Stability)

9:00 – 9:40

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

9:45 – 11:15

Debate 1: Next Steps in Policy Normalization

Chair: Michael Binder (Goethe University Frankfurt)


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

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)


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

Lead questions:

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

13:15 – 14:30


14:30 – 16:00

Debate 3: Challenges to Central Bank Independence

Chair: Petra Geraats (University of Cambridge)


Yves Mersch (European Central Bank)
Paul Tucker (Harvard University)
John H. Cochrane (Hoover Institution, Stanford University)

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)