Exchange rates and monetary policy frameworks in EMEs: Where do we stand?

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Shaw Library, Old Building

London School of Economics and Political Science

London

WC2A 2AE

United Kingdom

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Exchange rates and monetary policy frameworks in EMEs: Where do we stand?
A decade after the crisis, central banks are seeking to bring monetary policy back to more normal settings but often lack a compass to navigate the new post-crisis terrain. Emerging market economies (EMEs) face the added challenge of volatile exchange rates and capricious capital flows. The increasing role of financial factors in the transmission of exchange rate fluctuations creates difficult trade-offs for EME central banks. What is the nature of these trade-offs and how should policymakers calibrate and sequence the use of multiple policy instruments?

At this evening talk, Agustín Carstens, the General Manager of the Bank for International Settlements (BIS), will join the School of Public Policy's Dean, Professor Andres Velasco, to deliver a lecture on "Exchange rates and monetary policy frameworks in EMEs: Where do we stand?" This will be followed by a discussion, moderated by Professor Velasco.

Agustín Carstens
Mr Carstens has headed the BIS, the bank for central banks, since December 2017. During a four-decade career in public policy, he has also served as the Governor of the Bank of Mexico, the Finance Minister of Mexico and the Deputy Managing Director of the International Monetary Fund, among other positions.

LSE's School of Public Policy is co-hosting this event with LSE's Financial Markets Group, LSE's Systemic Risk Centre and the Centre For Macroeconomics.

Please note, we tend to over subscribe our events. If you would like to attend this event, please arrive in good time in order to maximise your chances of gaining entry to this public lecture.

Date and Time

Location

Shaw Library, Old Building

London School of Economics and Political Science

London

WC2A 2AE

United Kingdom

View Map

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