The monetary policy cycle is now increasingly synchronized around the world. The pace of tightening is accelerating in several countries, particularly in advanced economies, in terms of both frequency and magnitude of rate hikes. blogs.imf.org/2022/08/10/cen…

Nora Laurinaitytė talking about networks and stock market participation at the 2nd Lietuvos bankas #ILS conference.

Jose Elias Gallegos talk about inflation persistent at the 2nd Lietuvos bankas #ILS

We're looking for new colleagues. Without doubt the best place to do research in the country.

Historically we see commodity prices weakening as the dollar strengthens (..) What's different this time is that, given the nature of the shocks, we have this conjunction of a stronger dollar and higher commodity prices. bloomberg.com/news/articles/…

Research Seminar on Thu 15 Dec 2022: Andrea Ferrero (University of Oxford, CEPR and CfM) - Dollar Shortages and Central Bank Swap Lines Andrea P Ferrero 🇮🇹🇪🇺🇺🇦 Department of Economics, Oxford Organized by the Bank of Finland's Research Unit, online and open to everybody: suomenpankki.fi/fi/media-ja-ju…

Yet another piece of evidence that people judge the world from the 'rate of change', not the 'level' perspective. ipsos.com/en/what-worrie…

Assessing the Impact of International Sanctions on Russian Oil Exports Joint with Benjamin Hilgenstock Elina Ribakova 🇺🇦 Maxim Mironov Tania Babina 🇺🇸 🇺🇦 Oleg Itskhoki papers.ssrn.com/sol3/papers.cf…

Excellent discussion today with Governor Šimkus, Minister Delina Ibrahimaj 🇦🇱, and BIS VP Teresa Czerwińska 🇪🇺 on policies needed to develop resilience in light of supply shocks in Central Eastern and Southeastern European economies at Hrvatska narodna banka IMF conference.imf.org/en/News/Semina…

1/6 As Keynes explained over 90 year ago, liquidity is a constraint on investment, not a cause. When households and businesses are eager to invest, but cannot do so because of the high cost of capital, cutting interest rates will unleash investment. ft.com/content/423ad0…

"Why prices transmit large-scale shocks more quickly" - Banque de France blog post by Erwan Gautier, Hervé Le Bihan & Francesco Lippi #BdFeco Erwan Gautier banque-france.fr/en/publication… #banquedefrance

Bank of Finland Research Discussion Papers 2/2024 Michaela Elfsbacka-Schmöller – Nigel McClung: Price stability and debt sustainability under endogenous trend growth publications.bof.fi/handle/10024/5… (1/2)

From the 10 countries that joined the EU in 2004, 🇵🇱 and 🇱🇹 stand out in starting with below average living standards and becoming one of the richest. 🇨🇿 and 🇲🇹 lost their early advantage, now down to average. The big laggard is 🇭🇺, starting close to but now well below average.

🟢 Watch live | Join us for the opening ceremony and first session of the Vienna Initiative Full Forum. The first session will focus on the key challenges for policymakers. youtube.com/watch?v=t9BmSw…

Join us for the 5th Lietuvos bankas-Narodowy Bank Polski-Central Bank Research Association biennial conference "Macroeconomic Adjustments after Large Global Shocks". Keynotes: Jaume Ventura, Oleg Itskhoki, Catherine Mann ➡️ Register by Sep 12: epsilon.escb.eu/limesurvey5/69… ➡️ More info: lb.lt/en/events/fift… #EconTwitter

👏 We are excited to report on last week's successful conference, "Macroeconomic Adjustments After Large Global Shocks", co-organized by Lietuvos bankas, Narodowy Bank Polski and #CEBRA. Experts discussed how global disruptions are impacting trade, inflation, and economic policy. A huge thank

🇱🇹🇪🇺Good morning from Vilnius! I’m here in Lithuania to celebrate the 10th anniversary of the country adopting the euro – a remarkable milestone in its history. Later, I’ll deliver a keynote speech to discuss the current stance of the European Central Bank’s monetary policy. Stay tuned!