A decade of quantitative easing

On Friday 28 September, the OMFIF Foundation held a City Lecture on a decade of quantitative easing, assessing the effectiveness of an unconventional policy tool. Download the meeting brochure here.

Speakers included:

  • Stanley Fischer, Vice-Chair, Board of Governors of the Federal Reserve (2014-17)
  • Natacha Valla, Deputy Director General for Monetary Policy, European Central Bank
  • Seth Carpenter, Chief US Economist, UBS
  • Christopher Smart, Head, Macroeconomic and Geopolitical Research, Barings
  • Mark Sobel, US Chairman, OMFIF
  • Barry Eichengreen, Professor of Economics and Political Science, Berkeley School of Economics
  • Fabio Natalucci, Deputy Director of the Monetary and Capital Markets Department, IMF
  • Rasmus Rüffer, Permanent Representative in Washington, European Central Bank
  • Nathan Sheets, Chief Economist and Head of Global Macroeconomic Research, PGIM
  • Ben Broadbent, Deputy Governor for Monetary Policy, Bank of England

Topics of discussion included:

  • Analyse the effectiveness of the widespread use of a traditionally unconventional monetary policy tool: quantitative easing.
  • Exploring events in the decade since the collapse of Lehman Brothers.
  • Policy responses to government debt and central bank balance sheets.