Ten years after the 2008 financial crisis, we are again facing the possibility of economic turmoil as the Fed and other central banks exit their unconventional monetary policies. Although central banks will move gradually, unforeseen circumstances could trigger a flight to safety and a collapse of asset prices.
Schedule
| 8:30 - 9:00AM | REGISTRATION |
| 9:00 - 9:10AM |
WELCOMING REMARKS Peter Goettler President and CEO, Cato Institute |
| 9:10 - 9:50AM |
KEYNOTE ADDRESS Claudio Borio Head, Monetary and Economic Department, Bank for International Settlements |
| 9:50 - 11:00AM |
PANEL 1: THE NEW OPERATING FRAMEWORK: AN EVALUATION Moderator: Josh Zumbrun National Economics Correspondent, Wall Street Journal Stephen D. Williamson Professor and Stephen A. Jarislowsky Chair in Central Banking, University of Western Ontario George Selgin Director, Center for Monetary and Financial Alternatives, Cato Institute Jane E. Ihrig Associate Director, Monetary Affairs, Federal Reserve Board Peter Ireland Professor of Economics, Boston College |
| 11:00 - 11:30AM | BREAK |
| 11:30AM - 12:30PM |
PANEL 2: UNCONVENTIONAL MONETARY POLICY, INTEREST RATES, AND ASSET PRICES Moderator: James A. Dorn, Vice President for Monetary Studies, Cato Institute Tobias Adrian Financial Counsellor and Director, Monetary and Capital Markets Department, International Monetary Fund Vincent Reinhart Managing Director, Chief Economist, and Macro Strategist, BNY Mellon Asset Management North America Lawrence H. White Professor of Economics, George Mason University |
| 12:30 - 1:15PM | LUNCHEON |
| 1:15 - 2:00PM |
LUNCHEON ADDRESS: MONETARY HEADWINDS 10 YEARS AFTER THE CRISIS Hon. Phil Gramm Former Chairman, Senate Banking Committee |
| 2:15 - 3:15PM |
PANEL 3: LESSONS LEARNED Moderator: Caroline Baum Financial journalist and contributor to e21 and MarketWatch Michael D. Bordo Director, Center for Monetary and Financial History, Rutgers University Joseph E. Gagnon Senior Fellow, Peterson Institute for International Economics David Beckworth Senior Research Fellow, Program on Monetary Policy, Mercatus Center, George Mason University |
| 3:15 - 3:45PM | BREAK |
| 3:45 - 5:00PM |
ROUNDTABLE DISCUSSION: SHOULD THE FED BE SUBJECT TO A MONETARY RULE? Moderator: Lydia Mashburn Managing Director, Center for Monetary and Financial Alternatives, Cato Institute Jeffrey M. Lacker Former President and CEO, Federal Reserve Bank of Richmond Scott B. Sumner Director, Program on Monetary Policy, Mercatus Center, George Mason University Jeffrey A. Frankel James W. Harpel Professor of Capital Formation and Growth, Kennedy School, Harvard University John A. Allison Professor of Practice, Wake Forest University; Chairman, Center for Monetary and Financial Alternatives, Cato Institute; former CEO and President, BB&T Bank |
| 5:00 - 6:00PM | RECEPTION |