Conference 2025, Institute for Monetary and Economic Studies, Bank of Japan

2026 BOJ-IMES Conference
Monetary Policy from New Perspectives

May 27-28, 2026
Institute for Monetary and Economic Studies, Bank of Japan

Program

Wednesday, May 27, 2026

  • 9:00

    Opening Remarks

    Speaker:
    Kazuo Ueda, Bank of Japan
    (English [168 KB PDF] / Japanese [246 KB PDF])
    Link to 'Opening Remarks'(YouTube)

  • 9:20

    Mayekawa Lecture

    Chairperson:
    Neel Kashkari, Federal Reserve Bank of Minneapolis
    Lecturer:
    Donald Kohn, The Brookings Institution
    (English<DPS> [442 KB PDF])
    Link to 'Mayekawa Lecture'(YouTube)

  • 10:30

    Coffee Break

  • 11:00

    Session 1: Optimal Monetary Policy with Uncertain Private Sector Foresight

    Chairperson:
    Kartik Athreya, Federal Reserve Bank of New York
    Paper Presenter:
    David López Salido, Banco de España
    Discussant:
    Åsa Olli Segendorf, Sveriges Riksbank
    Link to 'Session 1'(YouTube)

  • 12:00

    Lunch

  • 13:20

    Keynote Speech

    Chairperson:
    Peter Kažimír, National Bank of Slovakia
    Speaker:
    Markus Brunnermeier, Princeton University
    Link to 'Keynote Speech'(YouTube)

  • 14:10

    Break

  • 14:15

    Session 2: Global Networks, Monetary Policy and Trade

    Chairperson:
    Tao Zhang, Bank for International Settlements
    Paper Presenter:
    Şebnem Kalemli-Özcan, Brown University
    Discussant:
    Ippei Fujiwara, Keio University/The University of Tokyo
    Link to 'Session 2'(YouTube)

  • 15:15

    Coffee Break

  • 15:45

    Session 3: Global Price Shocks and International Monetary Coordination

    Chairperson:
    Josef Meichenitsch, Austrian Central Bank
    Paper Presenter:
    Iván Werning, Massachusetts Institute of Technology
    Discussant:
    Kosuke Aoki, The University of Tokyo
    Link to 'Session 3'(YouTube)

  • 16:45

    Break

  • 17:00

    Policy Panel Discussion 1: Monetary Policy and Imbalances

    Moderator:
    Takeo Hoshi, The University of Tokyo
    Panelists:
    Pierre-Olivier Gourinchas, International Monetary Fund (IMF)
    Andrew Hauser, Reserve Bank of Australia
    Lorie Logan, Federal Reserve Bank of Dallas
    Eli Remolona Jr., Bangko Sentral ng Pilipinas

  • 18:20

    Buffet Dinner

  • 19:40

    Adjournment of the day

Thursday, May 28, 2026

  • 9:00

    Fireside Chat: Monetary Policy and Supply Shocks

    Moderator:
    Ryozo Himino, Bank of Japan
    Guest Speakers:
    Philip Jefferson, Federal Reserve Board
    Philip R. Lane, European Central Bank
    Link to 'Fireside Chat'(YouTube)

  • 9:45

    Break

  • 9:55

    Session 4: Monetary-Fiscal Nexus and Unintended Equilibria

    Chairperson:
    Rosmarie Schlup, Swiss National Bank
    Paper Presenter:
    Daisuke Ikeda, Bank of Japan
    Discussant:
    Fernando Martin, Federal Reserve Bank of St. Louis
    Link to 'Session 4'(YouTube)

  • 10:55

    Coffee Break

  • 11:25

    Policy Panel Discussion 2: Monetary Policy in a Changing World Economy

    Moderator:
    Athanasios Orphanides, Massachusetts Institute of Technology
    Panelists:
    Piti Disyatat, Bank of Thailand
    Austan Goolsbee, Federal Reserve Bank of Chicago
    M. Ayhan Kose, The World Bank Group
    Clare Lombardelli, Bank of England
    Koji Nakamura, Bank of Japan

  • 12:45

    Adjournment

  • 13:00

    Lunch (optional)

  • 14:15