Monetary Policy in an Era of Transformation: A Review of ECB Forum on Central Banking

Andrey Sinyakov

Russian Journal of Money and Finance, 2024, vol. 83, issue 3, 92-105

Abstract: In early July 2024, the European Central Bank held a forum on central banking titled 'Monetary policy in an era of transformation'. Our review summarises the academic part of the forum, focusing on the topics of inflation, economic growth, and climate and geopolitical risks - issues which are of practical relevance for central bank policy, as well as on the topic of long-term equilibrium interest rates and their role in monetary policy decision-making.

Keywords: monetary policy; inflation; climate risks; geopolitical shocks; productivity; equilibrium interest rate; economic research (search for similar items in EconPapers)
JEL-codes: E31 E43 E52 E58 E61 O40 Q57 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bkr:journl:v:83:y:2024:i:3:p:92-105

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