ECB Forum on Central Banking
The ECB Forum on Central Banking is an annual event
organised by the European Central Bank and is held in Sintra, Portugal.
https://www.ecb.europa.eu/pub/conferences/ecbforum/html/index.en.html
It brings
together central bank governors, academics, financial market representatives,
journalists and others to exchange views on current policy issues and discuss
the Forum’s key topic from a longer-term perspective.
ECB Forum
on Central Banking - 2022
The 2022 ECB Forum on Central Banking “Challenges
for monetary policy in a rapidly changing world” will take place from 27 to 29
June 2022.
Note that
the topic of this year’s Forum has been changed to reflect recent global
developments.
At this year’s Forum we will consider the
challenges currently facing the euro area economy. Higher inflation, notably as
a result of rising energy prices, pandemic-related supply shortages and the
release of pent-up demand, has created a difficult and uncertain environment
for central banks around the globe. And Russia’s invasion of Ukraine has
complicated the economic outlook even further, particularly for Europe. We will
look at the implications of all this for the euro area economy in the global
context, including trends that seem to have been reinforced by the pandemic,
and at how they may affect monetary policy in the future.
More specifically, on the subject of euro area
inflation and its causes, we will discuss the role of international production
networks and key factors in the behaviour of energy prices, including
geopolitical developments and changes in supply structures. As for monetary policymaking,
we will exchange views on the impact of inflation expectations and real estate
booms. Our programme also includes sessions on new technologies, enabling us to
look at how digital technologies and the potential for increased globalisation
of services could affect European labour markets, as well as to discuss again
central bank digital currencies in the current global environment and the
features of a potential digital euro.
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