Leading figures from central banks will meet again in Sintra for the European Central Bank (ECB) Forum on Monday and Wednesday, when the first interest rate cut in the eurozone in almost five years has already been announced.
The theme of this edition is “Monetary policy in an era of transformation“, with central bank officials discussing entering a new cycle of interest cuts, with inflation already stable in most economies.
The forum kicks off late Monday afternoon, with an introductory speech by ECB President Christine Lagarde.
On Tuesday the work begins with a Debate on the rise and fall of inflation in the euro area.headed by Luis de Guindos, Vice President of the ECB, and then moving on to a session on the economics of biodiversity, with Frank Elderson, member of the Executive Committee of the ECB.
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Two panels are planned for the afternoon, the first coordinated by Isabel Schnabel, member of the Executive Committee of the ECB, focused on geopolitical shocks, and the second will feature some of the main figures of monetary policy: Roberto Campos Neto, governor of the Bank Central Bank of Brazil, Christine Lagarde and Jerome Powell, president of the United States Federal Reserve.
The last day starts with a session on monetary policy cycles, with Luis de Guindos, followed by a Debate on interest rate cycles and session on euro area productivity. short and long term, with Piero Cipollone, member of the ECB Executive Committee.
This will be followed by a panel on the factors driving equilibrium interest rates, moderated by Philip R. Lane, member of the Executive Committee of the ECB, and in which Claudio Borio, head of the Monetary and Economic Department of the Bank for Settlements, will participate. International, Federica Romei. associate professor at the University of Oxford, Stephanie Schmitt-Grohé, professor at Columbia University, and John Williams, president of the Federal Reserve Bank of New York
Participants will also be able to attend a discussion on the main problems facing the international financial system, which will be concluded by the President of the ECB.
Source: Observadora
