Removing the Zero Lower Bound on Interest Rates Conference

A high level conference to be held on Monday, 18 May 2015 entitled “Removing the Zero Lower Bound on Interest Rates”  The keynote speeches will be given by Kenneth Rogoff of Harvard University and Willem Buiter of Citigroup.  These will be followed by three panels, one on Market Participant Views, one on the Economic, Financial Legal and Practical Issues, and one on Central Bank Views.  The meeting is organized by the Brevan Howard Centre for Financial Analysis at Imperial College London Business School, the Centre for Economic Policy Research and the Swiss National Bank.  It will be held in London at the Mandarin Oriental hotel in Knightsbridge.

Attendance is by invitation only. Please use the contact details if you are interested in attending. Details are as follows: 

Please note, presentations and videos conducted with the speakers on the day can be downloaded here.

Time Activity
08:00-09:00 Registration/Tea, Coffee
09:00-10:20 Welcome Address : Thomas Moser – (Swiss National Bank)First Keynote Speech Kenneth Rogoff (Harvard University)
10:20-10:35 Break – Tea/Coffee
10:35-11:50 Second Keynote Speech Willem Buiter (Citigroup)
11:50-13:00 Panel 1 : Market Participant Views

  • Scott Bessent (Soros Fund Management)
  • Alan Howard (Brevan Howard)
  • Andrew Morton (Citigroup) 
  • Nikhil Srinivasan (Generali)

Moderator: Jason Cummins (Brevan Howard)

13:00-14:00 Lunch
14:00-15:35 Panel 2: Economic, Financial, Legal and Practical Issues

  • Marvin Goodfriend (Carnegie Mellon University) Central bank implementation
  • David Humphrey (Florida State University) Payment systems aspects 
  • Harold James (Princeton University) History of dual currencies
  • Miles Kimball (University of Michigan) Practical details of negative interest rates

Moderator: Martin Andersson

15:35-15:50  Break – Tea/Coffee
15:50-17:25  Panel 3: Central Bank Views

  • Katrin Assenmacher (Swiss National Bank)
  • Ulrich Bindseil (European Central Bank) 
  • Niels Lynggard Hansen (Danmarks Nationalbank) 
  • Jamie McAndrews (Federal Reserve Bank of New York)

Moderator: Marianne Nessen (Sveriges Riksbank)

17:25-17:30 Brief Concluding remarks: Franklin Allen, Brevan Howard Centre for Financial Analysis
18:00 Drinks Reception and Conference Dinner at the Berkeley Hotel.Speech by Benoit Coeure (European Central Bank)