Panel Discussion on the Monetary Policy Challenges during the Pandemic in the JVI region

Web Tibor

Thursday, December 16, 2021 at 13:00-14:30 Vienna time (CET)

Introduction
Hervé Joly, JVI Director 

Panelists                                                            
Erald Themeli, Director of Department of Monetary Policy, Bank of Albania

Petr Král, Executive Director of Monetary Department, Czech National Bank

Volodymyr Lepushynskyi, Director of Monetary Policy and Economic Analysis Department, National Bank of Ukraine

Moderator
Tibor Hlédik, Lead Economist, JVI

The webinar will focus on the driving forces behind the monetary policy decisions of central banks in the JVI region during the pandemic. The speakers will exchange on the identification of, and monetary policy reaction to, supply and demand shocks. More specifically, the following issues will be covered:

·        •  The reasons behind the changing interest rate trajectories during the pandemic.

·        •  Central bankers’ views on the temporary vs. longer-term effects of certain shocks, in particular: (i) the factors behind the recent jump in energy prices, their effect on inflation expectations; (ii) supply chain disruptions and their country-specific effects on the real economy; and (iii) the stabilizing nature of fiscal policy actions early in the pandemic and the direction of future fiscal policy measures (withdrawal of support vs. further expansion and debt accumulation).

·       •   The role of the exchange rate in delivering price stability.

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Course Details

Start: 20211216Dec 16
End: 20211216Dec 16

Language: English

Sponsoring Organization: JVI

Admin Arrangements


Application Deadline: December 16, 2021