Dear colleague, May I draw your attention to a SUERF I OeNB book presentation: “Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank”<https://www.suerf.org/webinars/2141/monetary-policy-in-times-of-crisis-a-tale-of-two-decades-of-the-european-central-bank>, which will take place this Friday, 26 Nov 2021, online from 14:00 to 15:30 CET. In case you are not able to attend or want further colleagues to also listen in, please feel free to forward this e-mail invitation within your institution. For registration<https://www.lyyti.fi/reg/BoF-SUERF-joint-conference>, please use this link<https://www.suerf.org/webinars/2141/monetary-policy-in-times-of-crisis-a-tale-of-two-decades-of-the-european-central-bank#register>. Kind regards Ernest Gnan Prof Dr Ernest Gnan Secretary General, SUERF – The European Money and Finance Forum www.suerf.org<http://www.suerf.org/> Counsel to the Board and Head, Economic Analysis Division Oesterreichische Nationalbank PO box 61, 1011 Vienna, Austria ernest.gnan@oenb.at<mailto:ernest.gnan@oenb.at> +43 1 40420 7400 [cid:image005.jpg@01D7D24E.27489830]<https://www.suerf.org/webinars/2141/monetary-policy-in-times-of-crisis-a-tale-of-two-decades-of-the-european-central-bank> Invitation www.suerf.org<http://www.suerf.org/> We have the pleasure of inviting you to the SUERF I OeNB Book presentation “Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank”<https://www.suerf.org/webinars/2141/monetary-policy-in-times-of-crisis-a-tale-of-two-decades-of-the-european-central-bank>, which will take place on Friday, November 26, 2021, online via Webex, 14:00-15:30 CET. Speakers Roberto Motto and Wolfgang Lemke (ECB), Stefan Gerlach (EFG Bank), Sarah Holton (formerly Central Bank of Ireland; ECB) and Peter Praet (former ECB Executive Board Member), moderated by Ernest Gnan (OeNB and SUERF). [cid:image001.jpg@01D7E122.FC9FFCC0]<https://global.oup.com/academic/product/monetary-policy-in-times-of-crisis-9780192895912?cc=be&lang=en&>Outline The presentation will cover the new book by Rostagno, Altavilla, Carboni, Motto, Saint-Guilhem and Yiangou (Oxford University Press) that reviews the ECB’s monetary policy since 1999. It is a blend of narrative and selected in-depth analytics that intends to help readers obtain an insight into decision making in real time and staff’s analytical preparations of Governing Council decisions through the years. The material covered in the book has been one of the inputs into the just-concluded ECB’s strategy review. The first part of the presentation will give an overview of the book; the second part would zoom in on Chapter 3 “Strategy in Action” and focus on the trade-off created by the 1998 and 2003 ECB’s strategy, in which the policy aim was close to the price stability ceiling; the third part would focus on the instrument impact analysis of Chapter 6 “A Combined-Arms Strategy” and its extensions based on a new paper by the authors. Stefan Gerlach (EFG Bank), Sarah Holton (Central Bank of Ireland) and Peter Praet (former ECB Executive Board Member I SUERF Honorary Member) will discuss. Join us for the book presentation by registering under the following LINK<https://www.suerf.org/webinars/2141/monetary-policy-in-times-of-crisis-a-tale-of-two-decades-of-the-european-central-bank>. We look forward to your participation! SUERF - The European Money and Finance Forum c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna<https://maps.google.com/?q=Otto-Wagner-Platz+3,+A-1090+Vienna&entry=gmail&source=g> Tel: +43 1 40420 7216<tel:+431404207216> - E-mail: suerf@oenb.at<mailto:suerf@oenb.at>. [Suerf On Twitter] <https://twitter.com/suerf_org> [Suerf On LinkedIn] <https://www.linkedin.com/company/suerf---the-european-money-&-finance-forum> Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.