At a crossroads: The Future of Central Banking


PwC Central Bank Forum:
At a crossroads – the future of central banking

22-23 September, 2014

PwC's Central Bank Forum brings together senior central bankers from around the world to discuss the current issues driving their strategic, operational and policy agendas.

We believe that the next few years will be much more challenging than perhaps some realise. It would be simplistic to believe that once economic and financial conditions fully stabilise, central banks can revert to the pre-crisis norm of one objective (the inflation rate) and one tool (the interest rate). Instead, a tumultuous period in central banking is beginning to emerge which is changing central banking as we know it. For example, central banks are likely to continue to play a leading role in stabilising financial systems and whole economies long after the memory of the financial crisis has faded.

Now more than ever we need to come together, learn from each other’s experiences and try to develop strategies to manage these changes.

We are organising a world-class field of practitioners to help facilitate discussions on some of these big issues over two days, with sessions on global economic trends, bank resolution, monetary policy, ethics in central banking, data mining and balance sheet management, to name a few. Contributors to the forum include:

  • Stephen King, chief economist at HSBC
  • Michael Mainelli, chairman of Z/Yen Group
  • Christos Hadjiemmanuil, professor of economics at the London School of Economics
  • Andrew Sentance, Senior Economic Adviser to PwC and former member of the Bank of England’s Monetary Policy Committee
  • Niall Merriman, Head of Financial Reporting and Policy Division at the European Central Bank
  • Stephen Kinsella, senior lecturer in economics at the University of Limerick.

We will also showcase our latest research on the future of central banking at the forum for the first time. The forum will be chaired by Jeremy Foster, chair of PwC’s central bank advisory group and Kenneth Sullivan, Senior Financial Expert at the IMF.

There is no charge for the event, apart from any travel and accommodation costs, if applicable.