Conference on

Inflation Targeting

Organized by the Magyar Nemzeti Bank (MNB)

Friday, January 19, 2007

Hungarian Academy of Sciences, Conference room, 2nd floor

(Address: 1051 Budapest, Rooselvelt tér 9.)

9:00  Registration
Session I: Objectives and Challenges of Monetary Policy

Chair:   Jacques de Larosiere

Speech

9:30-10:00Zsigmond Járai, Governor, MNB
10:00-10:30

Jürgen Stark, Member of the Executive Board, European Central Bank

Speech

10:30-11:00

Malcolm Knight, General Manager, BIS,
former Senior Deputy Governor of the Bank of Canada

Speech

11:00-11:30Coffee break
Session II: Inflation Targeting
Chair:   Zsigmond Járai
11:30-12:00

Stefan Ingves, Governor, Sveriges Riksbank

Paper

Presentation

12:00-12:30

Charles Bean, Chief Economist, Executive Director,
Member of the Monetary Policy Committee, Bank of England

Presentation

12:30-13:30Discussion
13:00-14:30Lunch
Session III: Inflation Targeting in Hungary
Chair: Ivan Sramko, Governor, National Bank of Slovakia
14:30-15:00

István Hamecz, Director, MNB

Paper

Presentation

15:00-15:30

Stephen Gilmore, AIG

Paper

Presentation

15:30-16:00

Péter Duronelly, Budapest Bank

Paper

Presentation

16:00-16:30Discussion
16:30-16.45   Concluding remarks

György Szapáry, Deputy Governor, MNB