Conference on the Monetary Policy Provision
2 and 3 March 2026. Norges Bank, Oslo
Program and livestream
Conference on the Monetary Policy Provision - 2 March 2026
Monday 2 March
8:15 - 8:45: Registration
8:45 – 9:00: Welcome by Ida Wolden Bache (Norges Bank)
9:00 – 10:30: Session 1:
Chair: Francesco Furlanetto (Norges Bank)
- Jordi Galí (Universitat Pompeu Fabra) - New Keynesian perspectives on the price stability mandate
- Aysegul Sahin (Princeton University) - How should central banks approach employment stabilization?
10:30 – 11:00: Coffee Break
11:00 – 12:30: Session 2:
Chair: Caroline Espegren (Norges Bank)
- Chris Erceg (International Monetary Fund) - Monetary policy challenges facing small open economies
- Luiz Pereira da Silva (LSE) - The case for adaptive inflation targeting: Monetary policy in a hot and volatile world
12:30 - 13:30: Lunch
13:30 - 15:15: Session 3:
Chair: Øistein Røisland (Norges Bank)
- Sarah Hunter (Reserve Bank of Australia) - Recent refinements to the dual mandate and navigating back to target
- Alan Taylor (Bank of England) - Getting the right directions
- Anna Seim (Sveriges Riksbank) - Same target, different trade-offs? Norges Bank and the Riksbank after the inflation surge
15:00 - 15:15: Coffee Break
15:15 - 16:15: Session 4:
Chair: Malin Jensen (Norges Bank)
- Frank Smets (Bank for International Settlements) - Inflation Targeting: How flexible?
- Sharon Kozicki (Bank of Canada) - Canada’s monetary policy framework in a world of supply-driven trade-offs
Tuesday 3 March
Tuesday 3 March
8:45 – 9:15: Registration and light refreshments
9:15 – 9:30: Welcome – Ellen Reitan, State Secretary at the Ministry of Finance.
Chair for the day: Sindre Heyerdahl, economic commentator at E24
9:30 – 10:00: Experience with the current Norwegian Monetary Policy Provision – how has it worked in practice?
Speakers: Kjersti Haugland, Chief Economist at DNB Carnegie, and Kjetil Olsen, Chief Economist at Nordea Norway
10:00 – 10:45: The current Norwegian Monetary Policy Provision seen from those who were involved when it was introduced. Panel discussion led by Sindre Heyerdahl
Panelists:
Siv Jensen, former Minister of Finance
Karen Helene Ulltveit-Moe, former member of the Executive Board
Anders Vredin, member of the committee that reviewed the Central Bank Act in 2015–2017
10:45 – 11:15: Coffee break
11:15 – 12:45: What should the future design of the Norwegian Monetary Policy Provision look like? Presentations followed by a debate led by Sindre Heyerdahl
Speakers:
Roger Bjørnstad, Chief Economist at the Norwegian Confederation of Trade Unions (LO)
Øystein Dørum, Chief Economist at the Confederation of Norwegian Enterprise (NHO)
Ella Getz Wold, Postdoctoral Fellow at BI Norwegian Business School
Ragnar Torvik, Professor at NTNU
12:45 – 13:15: Mingling and light refreshments
Organisers:
Francesco Furlanetto (Norges Bank)
Øistein Røisland (Norges Bank)
Kjersti Lyngtun Hansen (Finansdepartementet)