Top officials from the Fed and ECB will address inflation and supply shocks in a closely watched fireside chat at the BOJ’s IMES conference.
Federal Reserve Vice Chair Philip Jefferson and European Central Bank Chief Economist Philip Lane will headline a fireside chat at the Bank of Japan’s IMES conference on May 28. The session focuses on monetary policy and supply shocks, with markets keenly awaiting insights on divergent policy paths amid persistent inflation pressures.
Jefferson has been a cautious voice on the Fed’s rate-hiking cycle, balancing inflation overshoots driven by Middle East energy disruptions. Lane, meanwhile, oversees an ECB where markets have nearly fully priced in a June rate hike. Their discussion may highlight contrasts in policy stances while exploring common ground on supply shock dynamics.
The event follows a two-day conference and precedes a technical session on monetary-fiscal interactions. Analysts expect the exchange to provide clarity on central banks’ strategies amid evolving economic challenges.