Monetary Policy in Times of Large Shocks

In the aftermath of the pandemic and in the face of recent geopolitical shocks we have entered a period of high inflation and vulnerable growth in many regions, creating new (and old) challenges to monetary policy. This episode was preceded by a sustained period of low inflation and low policy interest rates, during which debt levels kept rising. The new environment has brought to the fore important questions about understanding and modelling inflation, its drivers and dynamics, the monetary-fiscal interactions, and even monetary policy strategies that the leading central banks had only recently reviewed. The conference will bring together top researchers from academia, central banks, and other policy institutions to present research findings related to monetary economics, including the current trends.