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Barclays-CEPR International Monetary Policy Forum 2024

CEPR, in collaboration with Barclays, co-hosted the third Barclays-CEPR International Monetary Policy Forum, which took place on Tuesday 28 May in London. We were joined by Federal Reserve Bank of Minneapolis President Neel Kashkari, ECB Governing Council member Klaas Knot and by Professor of Economics at London Business School and CEPR Research Fellow Lucrezia Reichlin.

Interest rates have soared, inflation is decelerating and growth is now slowing in major economies. But it is not yet clear whether policymakers have overtightened, and will have to cut rates soon to avoid a hard landing — or whether still-tight labour markets and new disruptions to supply chains will require a restrictive monetary stance for a long period, to restore inflation to central banks' targets.

We discussed these and other top-of-mind issues at the Barclays-CEPR Monetary Policy Forum 2024.