European Central Bank
Asymmetric Inflation Risk and Monetary Policy | Inflation: Drivers and Dynamics Conference 2025
- Title
- Asymmetric Inflation Risk and Monetary Policy | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 47:54
- Date posted
- 9 months ago
- Description
- Session 5 on Inflation and Monetary Policy at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Edward Knotek, Federal Reserve Bank of Cleveland.
The Taming of the Skew: Asymmetric Inflation Risk and Monetary Policy
• Presenter: Andrea De Polis, University of Strathclyde and Economic Statistics Centre of Excellence (ESCOE), UK.
• Leonardo Melosi, University of Warwick, European University Institute, De Nederlandsche Bank, and Centre for Economic Policy Research (CEPR)
• Ivan Petrella, Collegio Carlo Alberto, University of Turin, and Centre for Economic Policy Research (CEPR)
• Discussant: Matthias Rottner, Bank for International Settlements
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Monetary Policy across Inflation Regimes | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 48:38
- Date posted
- 9 months ago
- Description
- Session 5 on Inflation and Monetary Policy at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Edward Knotek, Federal Reserve Bank of Cleveland.
Monetary Policy across Inflation Regimes
• Presenter: Katerina Petrova, Federal Reserve Bank of New York, Universitat Pompeu Fabra, and Barcelona School of Economics
• Valeria Gargiulo, Universitat Pompeu Fabra
• Christian Matthes, Indiana University
• Discussant: Marco Lombardi, Bank for International Settlements
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- When do deficits fuel inflation? | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 1:06:12
- Date posted
- 9 months ago
- Description
- Keynote Speech: When do deficits fuel inflation? at the Inflation: Drivers and Dynamics Conference 2025.
• Gauti B. Eggertsson, Brown University
• Introduction and chair: Peter Karadi, European Central Bank
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Trade, Inflation, and Monetary Policy| Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 47:58
- Date posted
- 9 months ago
- Description
- Session 4 on Trade and Inflation at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Elena Bobeica, European Central Bank.
Trade Fragmentation, Inflationary Pressures and Monetary Policy
• Presenter: Jenny Chan, Bank of England
• Maria Ludovica Ambrosino, London Business School
• Silvana Tenreyro, London School of Economics and Political Science, The Centre for Macroeconomics, UK, Centre for Economic Policy Research (CEPR)
• Discussant: Giancarlo Corsetti, European University Institute
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Trade Costs and Inflation Dynamics | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 45:30
- Date posted
- 9 months ago
- Description
- Session 4 on Trade and Inflation at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Elena Bobeica, European Central Bank.
Trade Costs and Inflation Dynamics
• Presenter: Albert Queralto, Federal Board of Governors of the Federal Reserve System
• Pablo Cuba-Borda, Federal Board of Governors of the Federal Reserve System
• Ricardo Reyes-Heroles, Federal Reserve Bank of Dallas
• Mikaël Scaramucci, University of California, Los Angeles
• Discussant: Ine Van Robays, European Central Bank
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Firm Wage Setting | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 46:59
- Date posted
- 9 months ago
- Description
- Session 3 on Firm Pricing Theories at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Ina Hajdini, Federal Reserve Bank of Cleveland.
Firm Wage Setting and the On-the-Job Search Limit Wage-Price Spirals
• Presenter: Jacob P. Weber, Federal Reserve Bank of New York
• Justin Bloesch, Department of Economics and ILR, Cornell University
• Seung Joo Lee, Saïd Business School, University of Oxford
• Discussant: Renato Faccini, Danmarks Nationalbank
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Rationing Under Sticky Prices | Inflation: Drivers & Dynamics Conference 2025
- Runtime
- 49:33
- Date posted
- 9 months ago
- Description
- Session 3 on Firm Pricing Theories at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Ina Hajdini, Federal Reserve Bank of Cleveland.
Rationing Under Sticky Prices
• Presenter: Tom D. Holden, Deutsche Bundesbank
• Discussant: Andrey Alexandrov, Tor Vergata University of Rome
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Macroeconomic Effects of Inflation Expectations | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 46:54
- Date posted
- 9 months ago
- Description
- Session 2 on Inflation Expectations at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Damjan Pfajfar, Federal Reserve Bank of Cleveland.
The Macroeconomic Effects of Inflation Expectations: The Distribution Matters
• Presenter: Guido Ascari, Università degli Studi di Pavia, De Nederlandsche Bank and Centre for Economic Policy Research (CEPR)
• Paolo Bonomolo, De Nederlandsche Bank and European Central Bank
• Alessandro Celani, Örebro University
• Discussant: Michael Ehrmann, Frankfurt School of Finance & Management
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Information and Macroeconomic Expectations | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 45:58
- Date posted
- 9 months ago
- Description
- Session 2 on Inflation Expectations at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Damjan Pfajfar, Federal Reserve Bank of Cleveland.
Information and Macroeconomic Expectations: Global Evidence
• Presenter: Michael Weber, Booth School of Business, University of Chicago and National Bureau of Economic Research (NBER)
• Francesco D'Acunto, McDonough School of Business, Georgetown University
• Discussant: Fiorella De Fiore, Bank for International Settlements
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Inflation Expectations: Distribution Matters | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 53:47
- Date posted
- 9 months ago
- Description
- Session 2 on Inflation Expectations at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Damjan Pfajfar, Federal Reserve Bank of Cleveland.
How Inflation Expectations De-Anchor: The Role of Selective Memory Cues
• Presenter: Raphael Schoenle, Brandeis University
• Nicola Gennaioli, Bocconi University
• Marta Leva, Bocconi University
• Andrei Shleifer, Harvard University
• Discussant: Lena Dräger, Leibniz Universität Hannover
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Policy Panel | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 1:04:47
- Date posted
- 9 months ago
- Description
- Policy panel at the Inflation: Drivers and Dynamics Conference 2025.
• Beth M. Hammack, Federal Reserve Bank of Cleveland
• David E. J. Ramsden, Bank of England
• Philip R. Lane, European Central Bank
• Moderator: Benoît Mojon, Bank for International Settlements
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Oil, Inflation Expectations & Household Characteristics | Inflation: Drivers & Dynamics Conference
- Runtime
- 1:03:08
- Date posted
- 9 months ago
- Description
- Keynote speech: Oil, Inflation Expectations and Household Characteristics: A Nonlinear Heterogenous Agent VAR Approach at the Inflation: Drivers and Dynamics Conference 2025.
• Introduction and Chair: Chiara Osbat, European Central Bank
• Christiane Baumeister, University of Notre Dame
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Supply Chain Networks and the Macroeconomic Expectations of Firms
- Runtime
- 50:20
- Date posted
- 9 months ago
- Description
- Session 1 on pricing and production networks at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Sarah Holton, European Central Bank.
Supply Chain Networks and the Macroeconomic Expectations of Firms
• Presenter: Ina Hajdini, Federal Reserve Bank of Cleveland
• Saten Kumar, Auckland University of Technology
• Samreen Malik, New York University Abu Dhabi
• Jordan Norris, New York University Abu Dhabi
• Mathieu Pedemonte, Federal Reserve Bank of Cleveland
• Discussant: Tiziano Ropele, Banca d'Italia
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Business Cycles with Pricing Cascades | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 49:38
- Date posted
- 9 months ago
- Description
- Session 1 on pricing and production networks at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Sarah Holton, European Central Bank.
Business Cycles with Pricing Cascades
• Presenter: Mishel Ghassibe, Centre de Recerca en Economia Internacional (CREi), Barcelona School of Economics and Universitat Pompeu Fabra
• Discussant: James Costain, Banco de España
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Uncertainty through the Production Network | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 49:54
- Date posted
- 9 months ago
- Description
- Description:
Session 1 on pricing and production networks at the Inflation: Drivers and Dynamics Conference 2025. Session chair: Sarah Holton, European Central Bank.
Uncertainty through the Production Network: Sectoral Origins and Macroeconomic Implications
• Presenter: Giacomo Candian, HEC Montréal and Centre interuniversitaire de recherche en analyse des organisations (CIRANO)
• Matteo Cacciatore HEC Montréal, Bank of Canada and National Bureau of Economic Research (NBER)
• Discussant: Efrem Castelnuovo, University of Padova
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- Welcome address | Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 3:46
- Date posted
- 9 months ago
- Description
- Welcome address by Sarah Holton, Head of Division Prices and Costs, European Central Bank, on the first day of the Inflation: Drivers and Dynamics conference.
This annual conference, hosted by the European Central Bank and the Center for Inflation Research at the Federal Reserve Bank of Cleveland, brings together top researchers and policymakers from academia, central banks, and other policy institutions to present research findings related to inflation. The conference took place on 29 and 30 September 2025.
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnje5bTTZ9sJKe4TR0OlIbA
See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20250929_inflation_conference.en.html
- Title
- ECB Video Podcast - Supervision, simplified
- Runtime
- 19:39
- Date posted
- 9 months ago
- Description
- Banks are the backbone of our economy.
In a rapidly changing environment, they need to adapt and stay competitive to keep providing funding to people and businesses.
But so does ECB Banking Supervision. What are we doing to become more efficient, effective and risk-focused? And how are we simplifying supervision while safeguarding resilience? Our host Stefania Secola speaks to Supervisory Board member Sharon Donnery to find out.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 1 October 2025 and recorded on 24 September 2025.
In this episode:
01:10 How are Europe’s banks doing?
What is going well? What about the challenges banks face, like those coming from geopolitical tensions, digitalisation and the climate crisis? And are we seeing signs of deterioration in banks’ asset quality?
04:12 Are the current rul...
- Title
- Supervision, simplified
- Runtime
- 19:42
- Date posted
- 9 months ago
- Description
- Banks are the backbone of our economy.
In a rapidly changing environment, they need to adapt and stay competitive to keep providing funding to people and businesses.
But so does ECB Banking Supervision. What are we doing to become more efficient, effective and risk-focused? And how are we simplifying supervision while safeguarding resilience? Our host Stefania Secola speaks to Supervisory Board member Sharon Donnery to find out.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 1 October 2025 and recorded on 24 September 2025.
In this episode:
01:10 How are Europe’s banks doing?
What is going well? What about the challenges banks face, like those coming from geopolitical tensions, digitalisation and the climate crisis? And are we seeing signs of deterioration in banks’ asset quality?
04:12 Are the current rul...
- Title
- Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 8:23:20
- Date posted
- 9 months ago
- Description
- This annual conference, hosted by the European Central Bank (ECB) and the Center for Inflation Research at the Federal Reserve Bank of Cleveland, brings together top researchers and policymakers from academia, central banks, and other policy institutions to present research findings related to inflation.
- Title
- Inflation: Drivers and Dynamics Conference 2025
- Runtime
- 9:15:40
- Date posted
- 9 months ago
- Description
- This annual conference, hosted by the European Central Bank (ECB) and the Center for Inflation Research at the Federal Reserve Bank of Cleveland, brings together top researchers and policymakers from academia, central banks, and other policy institutions to present research findings related to inflation.
- Title
- Because some views never get old 🫶
- Runtime
- 0:13
- Date posted
- 9 months ago
- Description
- #EuropeanCentralBank #AngelEyes #Euro #Europe #ECB
📷 by ECB
- Title
- The digital euro innovation platform
- Runtime
- 1:20
- Date posted
- 9 months ago
- Description
- 💡 The digital euro innovation platform is an initiative designed to foster collaboration with the market in order to test ideas and explore the innovation potential of the digital euro.
The platform brings together experts from across Europe – including 🏦 banks, 💻 fintech companies, 🛒 merchants, 🎓 academics and ⚙️ tech providers – to help ensure that the digital euro would meet the needs of Europeans in their daily lives.
The participants tested a simulated digital euro interface and shared their ideas on how the digital euro could work in practice.
🔗 Find out more: https://www.ecb.europa.eu/euro/digital_euro/innovation-platform/html/index.en.html
📄 Read the report: https://www.ecb.europa.eu/euro/digital_euro/timeline/profuse/shared/pdf/ecb.deprep250926_innovationplatform.en.pdf
⚠️ Disclaimer: Conceptual scenarios from the ECB digital euro innovation platform. For illustrative purposes onl...
- Title
- Unfortunately, I do love…
- Runtime
- 0:12
- Date posted
- 9 months ago
- Description
- What can we say…we like what we like 😌
#EuropeanCentralBank #Euro #Europe #ECB #UnfortunatelyIDoLove
📷 by ECB
- Title
- Closing remarks | “The Next Financial Crisis?”
- Runtime
- 6:18
- Date posted
- 9 months ago
- Description
- Closing remarks by Amit Seru, Stanford University - Hoover Institution at the 10th Annual Research Conference.
Policymakers and academics gathered to discuss how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility.
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Policy Panel | “The Next Financial Crisis?”
- Runtime
- 1:04:22
- Date posted
- 9 months ago
- Description
- Policy panel “The Next Financial Crisis” at the 10th ECB Annual Research Conference.
Chair: Isabel Schnabel, Member of the Executive Board, European Central Bank
Panellists:
• Pierre-Olivier Gourinchas, International Monetary Fund
• Klaas Knot, formerly President, De Nederlandsche Bank and Financial Stability Board
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Weighted Noise: Discretion in Regulation | “The Next Financial Crisis?”
- Runtime
- 1:01:47
- Date posted
- 9 months ago
- Description
- Session 3 on Central banks and regulation at the 10th ECB Annual Research Conference.
Chair: Marie Hoerova, European Central Bank
"Weighted Noise: Discretion in Regulation"
• Kelly Shue, Yale University
Discussants:
• Rafael Repullo, CEMFI
• Claudia Buch, Chair of the Supervisory Board of the ECB
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Unintended Consequences of QE: Estate Prices and Financial Stability | The Next Financial Crisis?
- Runtime
- 1:01:26
- Date posted
- 9 months ago
- Description
- Session 3 on Central banks and regulation at the 10th ECB Annual Research Conference.
Chair: Marie Hoerova, European Central Bank
Unintended Consequences of QE: Real Estate Prices and Financial Stability
• Tobias Berg, Goethe University Frankfurt
Discussants:
• Amir Sufi, University of Chicago - Booth School of Business
• José-Luis Peydró, LUISS and EIEF
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Interest Rate Risk & Cross-Section Effects of Micro-Prudential Regulation|The Next Financial Crisis?
- Runtime
- 55:19
- Date posted
- 9 months ago
- Description
- Session 2 on Banks at the 10th ECB Annual Research Conference.
Chair: Ross Levine, Stanford University - Hoover Institution
Interest Rate Risk and Cross-Section Effects of Micro-Prudential Regulation
• Juliane Begenau, Stanford University - Graduate School of Business
Discussants:
• Augustin Landier, HEC
• Markus Brunnermeier, Princeton University
Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford's Hoover Institution on “The Next Financial Crisis?”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Bank Runs and Interest Rates | “The Next Financial Crisis?”
- Runtime
- 1:01:59
- Date posted
- 9 months ago
- Description
- Session 2 on Banks at the 10th ECB Annual Research Conference.
Chair: Ross Levine, Stanford University - Hoover Institution
Bank Runs and Interest Rates
• Victoria Ivashina, Harvard University
Discussants:
• Emil Verner, MIT Sloan School of Management
• José Manuel Campa, Chairperson of the European Banking Authority
Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford's Hoover Institution on “The Next Financial Crisis?”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Do Non-Banks Need Access to the Lender of Last Resort? | “The Next Financial Crisis?”
- Runtime
- 1:02:00
- Date posted
- 9 months ago
- Description
- Session 1 on Non-Banks at the 10th ECB Annual Research Conference.
Chair: Amit Seru, Stanford University - Hoover Institution
Do Non-Banks Need Access to the Lender of Last Resort? Evidence from Fund Runs
• Marie Hoerova, European Central Bank
Discussants:
• Jean-Charles Rochet, Toulouse School of Economics
• Philipp Schnabl, New York University - Stern School of Business
Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford's Hoover Institution on “The Next Financial Crisis?”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Where Do Banks End and NBFIs Begin? | “The Next Financial Crisis?”
- Runtime
- 1:04:02
- Date posted
- 9 months ago
- Description
- Session 1 on Non-Banks at the 10th ECB Annual Research Conference.
Chair: Amit Seru, Stanford University - Hoover Institution
Where Do Banks End and NBFIs Begin?
• Nicola Cetorelli, Federal Reserve Bank of New York
Discussants:
• Tomasz Piskorski, Columbia Business School
• David Scharfstein, Harvard Business School
Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford's Hoover Institution on “The Next Financial Crisis?”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Monetary policy and financial stability | “The Next Financial Crisis?”
- Runtime
- 58:35
- Date posted
- 9 months ago
- Description
- Keynote lecture with Raghuram Rajan (University of Chicago - Booth School of Business) on monetary policy and financial stability at the 10th ECB Annual Research Conference.
Chair: Luc Laeven, European Central Bank
Watch other sessions from the 2025 ECB Annual Research Conference joint with Stanford's Hoover Institution on https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Welcome address | “The Next Financial Crisis?”
- Runtime
- 9:29
- Date posted
- 9 months ago
- Description
- Welcome address by Christine Lagarde, President of the European Central Bank (ECB), on the first day of the 10th ECB Annual Research Conference.
The conference is organised jointly with Stanford’s Hoover Institution and brings together policymakers and academics to discuss how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility. This year’s theme is “The Next Financial Crisis?”.
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZlSxtoWBnEco7LoUoBbl-ei
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- The Next Financial Crisis? | Tenth ECB Annual Research Conference 2025 | Day 2
- Runtime
- 4:07:41
- Date posted
- 9 months ago
- Description
- ECB Annual Research Conference joint with Stanford's Hoover Institution on “The Next Financial Crisis?”.
The tenth ECB Annual Research Conference is organised jointly with Stanford’s Hoover Institution and brings together policymakers and academics to discuss how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility.
The conference takes place on 17 and 18 September 2025 as a hybrid event.
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- The Next Financial Crisis? | Tenth ECB Annual Research Conference 2025 | Day 1
- Runtime
- 8:05:08
- Date posted
- 9 months ago
- Description
- ECB Annual Research Conference joint with Stanford's Hoover Institution on “The Next Financial Crisis?”.
The tenth ECB Annual Research Conference is organised jointly with Stanford’s Hoover Institution and brings together policymakers and academics to discuss how current regulations, supervisory practices, (conventional and unconventional) monetary policy, and technological innovations shape financial fragility.
The conference takes place on 17 and 18 September 2025 as a hybrid event.
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250917_10th_ecb_annual_research_conference.en.html
- Title
- Love is a gamble, but not seeing eye to eye over banknotes is a real deal-breaker 💶💔🎲
- Runtime
- 0:15
- Date posted
- 10 months ago
- Description
- As we’re about to redesign our euro banknotes, why not look back at some of the entries for our original design contest in 1996?
💭 Inspired by our friends @bankofenglanduk
#EuroBanknotes #SingleCurrency #EuropeanCentralBank #Euro #Europe #ECB #MarriageIsScary #BOEMuseum #BankofEnglandMuseum
- Title
- President Lagarde presents the latest monetary policy decisions – 11 September 2025
- Runtime
- 14:22
- Date posted
- 10 months ago
- Description
- Today our Governing Council decided on monetary policy.
Listen to President Christine Lagarde present today’s decisions. The statement also covers:
• how the economy is performing
• how we expect prices to develop
• the risks to the economic outlook
• the dynamics behind financial and monetary conditions
Published and recorded during our press conference on 11 September 2025.
Our monetary policy statement at a glance, 11 September 2025
www.ecb.europa.eu/press/press_conf…eptember.en.html
Christine Lagarde, Luis de Guindos: Monetary policy statement, 11 September 2025
www.ecb.europa.eu/press/press_conf…3675b834.en.html
Monetary policy decisions, 11 September 2025
www.ecb.europa.eu/press/pr/date/20…fb7a9490.en.html
Combined monetary policy decisions and statement, 11 September 2025
www.ecb.europa.eu/press/press_conf…f624f06ba.en.pdf
...
- Title
- ECB Governing Council Press Conference - 11 September 2025
- Runtime
- 52:40
- Date posted
- 10 months ago
- Description
- ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and will answer questions from journalists at the Governing Council press conference to be held on Thursday, 11 September 2025 at 14:45 CEST in Frankfurt am Main.
- Title
- Special address | 2025 European Systemic Risk Board conference
- Runtime
- 7:05
- Date posted
- 10 months ago
- Description
- Special address by Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union, at the ninth annual ESRB conference .
The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f
See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html
- Title
- Closing remarks | 2025 European Systemic Risk Board conference
- Runtime
- 14:34
- Date posted
- 10 months ago
- Description
- Closing remarks by Francesco Mazzaferro, Head of the European Systemic Risk Board (ESRB) Secretariat, at the ninth annual ESRB conference.
Senior policymakers, central bankers and leading academics gathered to discuss “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f
See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html
- Title
- System-wide stress testing | 2025 European Systemic Risk Board conference
- Runtime
- 1:20:46
- Date posted
- 10 months ago
- Description
- The expanding role of non-bank financial intermediaries and the rising interconnectedness within the financial system call for a system-wide approach to stress testing. This panel will explore how macroprudential authorities can address the challenges involved in implementing such an approach.
Panellists:
• Viral Acharya, C.V. Starr Professor of Economics, Leonard N. Stern School of Business
• Nathanaël Benjamin, Executive Director, Financial Stability Strategy and Risk, Bank of England
• Rama Cont, Professor, Oxford University
• John Fell, Deputy Director-General, Macroprudential Policy and Financial Stability, European Central Bank
Chair: Aino Bunge, Deputy Governor of Sveriges Riksbank, Vice-Chair of the ESRB Advisory Technical Committee
The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.youtube.com/playlist?...
- Title
- The future of AI | 2025 European Systemic Risk Board conference
- Runtime
- 42:24
- Date posted
- 10 months ago
- Description
- Yoshua Bengio, Professor at the Université de Montréal, delivered a keynote speech on “The future of AI - and considerations for systemic risks” at the ninth annual European Systemic Risk Board conference.
Response by Leonardo Gambacorta, Head of Emerging Markets at the Bank for International Settlements.
The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f
See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html
- Title
- 2025 Ieke van den Burg prize | 2025 European Systemic Risk Board conference
- Runtime
- 30:51
- Date posted
- 10 months ago
- Description
- The ESRB’s Advisory Scientific Committee awards the Ieke van den Burg prize to recognise outstanding research conducted by young scholars on a topic related to the ESRB’s mission.
Co-authors Arved Fenner (University of Münster), Philipp Klein (University of Münster) and Carina Schlam (Deutsche Bundesbank and University of Münster), will present their award-winning paper, “Better Be Careful: The Replenishment of ABS backed by SME Loans,” which has been selected as the winner of the 2025 edition of the prize.
Chair: Vasso Ioannidou, Member of the ESRB Advisory Scientific Committee, Professor, Bayes Business School
Learn more about the prize and see past winners: https://www.esrb.europa.eu/about/orga/asc/ieke/html/index.en.html
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f
See the conference programme here: https://www.esrb.europa.eu/news/schedu...
- Title
- The EU financial system amidst new threats | 2025 European Systemic Risk Board conference
- Runtime
- 1:18:42
- Date posted
- 10 months ago
- Description
- The EU financial system is challenged by a range of emerging threats, many of which originate outside the system itself. This panel will explore some of these challenges, including the evolving geopolitical landscape and its impact on government budgets, as well as the growing influence of non-bank financial intermediaries.
Panellists:
• Marco Buti, Professor, European University Institute
• Ian Goldin, Professor, Oxford Martin School, Oxford University
• Cornelia Holthausen, Director General, Macroprudential Policy and Financial Stability, European Central Bank
• Loriana Pelizzon, Vice-Chair of the ESRB Advisory Scientific Committee and Professor, Goethe University of Frankfurt
Chair: Olli Rehn, ESRB First Vice-Chair, Governor of Suomen Pankki – Finlands Bank
The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.y...
- Title
- The EU in a changing geopolitical landscape | 2025 European Systemic Risk Board conference
- Runtime
- 57:06
- Date posted
- 10 months ago
- Description
- Adam Posen, President of the Peterson Institute for International Economics, delivers a keynote speech on “The EU in a changing geopolitical landscape” at the ninth annual European Systemic Risk Board conference.
Response by Thorsten Beck, Chair of the ESRB Advisory Scientific Committee and Director and Professor at the European University Institute.
The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f
See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html
- Title
- Welcome address | 2025 European Systemic Risk Board conference
- Runtime
- 13:02
- Date posted
- 10 months ago
- Description
- Welcome address by Christine Lagarde, Chair of the European Systemic Risk Board (ESRB) at the ninth annual ESRB conference.
The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f
See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html
- Title
- Concluding remarks | 2025 ECB Legal Conference
- Runtime
- 20:08
- Date posted
- 10 months ago
- Description
- Chiara Zilioli, Director General of Legal Services at the European Central Bank, delivers closing remarks on the second day of the 2025 ECB Legal Conference.
Watch other sessions from the 2025 ECB Legal Conference “Building Europe's Autonomy: Law, Institutions, Cooperation”: https://www.youtube.com/playlist?list=PLnVAEZuF9FZm3BYRQdFyj1vvCrJfZ-mrM
See the conference programme here: https://www.ecb.europa.eu/press/conferences/html/20250901_7th_ECB_legal_conference.de.html
- Title
- The role of the EU legal services in building EU autonomy | 2025 ECB Legal Conference
- Runtime
- 1:03:38
- Date posted
- 10 months ago
- Description
- The panel examines the role of the legal services of the EU institutions in building EU autonomy. Considering that the EU paradigm of autonomy is based on law, institutions, and international cooperation, the legal services of EU institutions have to take into account different perspectives. They need to advise in line with domestic law—and in a context where legal challenges are not typical, this role is more important. They need to be vigilant to protect the independence of their institutions, and in a non-majoritarian populist context, that might be a significant challenge on its own.
They also need to ensure the respect of international norms and the infrastructure of global cooperation. All this while addressing new problems that require new solutions. This panel will discuss the role and challenges of legal services in combining this triad of perspectives.
Panellists:
• Daniel Calleja Crespo, Director-General of the Legal Service, European Com...
- Title
- Independent administrative discretion and the rule of law | 2025 ECB Legal Conference
- Runtime
- 54:38
- Date posted
- 10 months ago
- Description
- One basic element of an ascending paradigm of governance is mistrust of non-majoritarian institutions such as courts, agencies, and central banks. This mistrust materialises through challenges to the independence of such institutions or the curtailing of their discretion.
This panel will compare developments in the EU and US in this area focusing both on legislative measures and the case-law of the CJEU and US Supreme Court. For example, the reversal of the Chevron doctrine by the Supreme Court in Loper Bright Enterprises v. Raimondo will be compared with the approach of the CJEU in cases such as Credit lyonnais. At a more conceptual level, the panel will discuss how non-majoritarian institutions are a constitutional component of Western democracies.
Panellists:
• Nicholas Emiliou, Advocate General, Court of Justice of the European Union
• Pedro Machado, Member of the Supervisory Board of the ECB
• Mariolina Eliantonio, Professor, Maas...
- Title
- Navigating sanctions, tariffs, and blocking statutes | 2025 ECB Legal Conference
- Runtime
- 1:36:41
- Date posted
- 10 months ago
- Description
- This panel tackles the intricate challenges posed by sanctions and tariffs in the realm of international cooperation, also exploring how these instruments contribute to geoeconomic fragmentation. It will debate the boundaries and implications of the national security exception in economic public international law, e.g. under WTO law. What is the assessment and classification of the so-called ‘monetary tariffs’ under international and EU law?
The panel will further investigate the extent to which the theory of countermeasures under public international law may legitimise economic sanctions. Additionally, the role and function of blocking statutes in both the EU and the US will be explored, highlighting their significance in countering the extraterritorial effects of foreign sanctions.
Panellists:
• Christoph Herrmann, Professor, Universität Passau
• Frank Hoffmeister, Director of Legal Department, European External Action Service
•...
