Lessons for monetary policy from the latest inflationary-disinflationary episode (2024)

In the last few years, central banks across the globe have faced a formidable surge in inflation, stemming from a succession of supply and demand shocks. In response, they have embarked on an extraordinarily sharp monetary policy tightening cycle. In his talk, Governor Hernández de Cos will address the lessons learned so far from the inflationary-disinflationary episode in the euro area and the European Central Bank’s response to it.

Meet our speaker and chair

Pablo Hernández de Cos is Governor of the Banco de España and member of the Governing and General Council of the ECB. He is Chair of the BCBS and of the Advisory Technical Committee of the ESRB. He is member of various European and International Committees including the ESRB, the FSB, the BIS Group of Governors and Heads of Supervision, the Advisory Board of the FSI and the CEMLA. He is also Vice-Chairman of the Board of the Spanish Macroprudential Authority Financial Stability Board (AMCESFI).

Ricardo Reis (@R2Rsquared) is Director of the Centre for Macroeconomics and Arthur Williams Phillips Professor of Economics at LSE.

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Lessons for monetary policy from the latest inflationary-disinflationary episode (2024)

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