The financial crisis impacted the world's richest economies in similar but select ways, and Central Bank governors, with their varied mandates and different tools, have crafted distinct monetary responses to it. As we emerge from the worst of the crisis, the Federal Reserve and Bank of England are thinking about their potential exit strategies and how they can best communicate them to the markets. With economic data decidedly mixed, central bank watching in these countries has never been more challenging. Already we have seen backtracking on the numeric thresholds around unemployment that have been a part of forward guidance. The European Central Bank and Bank of Japan pose their own brand of challenges. Our panel of market experts will illuminate and interpret the signals put out by central banks around the world.

Read the blog post on Currency of Ideas

Moderator

David Zervos

Managing Director and Chief Market Strategist, Jefferies LLC

Speakers

Michael Feroli

Chief U.S. Economist, JPMorgan

Cliff Noreen

President, Babson Capital Management LLC

Athanasios Orphanides

Professor, Practice of Global Economics and Management, MIT Sloan School of Management; Former Governor, Central Bank of Cyprus

Brian Sack

Senior Vice President and Co-Director of Global Economics, The D. E. Shaw Group


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