Reserve management masterclass
Reserve management masterclass
Chair and speakers
Dr Charles Goodhart
Emeritus professor in the financial markets group
London School of Economics
Charles Goodhart was the Norman Sosnow Professor of Banking and Finance at the London School of Economics until 2002; he is now an Emeritus Professor in the Financial Markets Group there. Before joining the London School of Economics in 1985, he worked at the Bank of England for seventeen years as a Monetary Adviser, becoming a Chief Adviser in 1980. During 1986, Prof. Goodhart helped to found, with Prof. Mervyn King, the Financial Markets Group at London School of Economics, which began its operation at the start of 1987. In 1997, he was appointed one of the outside independent members of the Bank of England’s new Monetary Policy Committee until May 2000. Earlier he had taught at Cambridge and London School of Economics.
Reserve management masterclass agenda
09:00 – 10:00
Registration and breakfast
10:00 – 10:15
Introduction: Reserve management and macro-economic forecasting masterclass
Course introduction session led by the chair
Introductions and welcome from the chairperson
Overview of the training course
Discussion of the participant expectations
10:15 – 11:00
Era of uncertainty and change
- Recent errors in macroeconomic forecasts and monetary policy
- Triggering and volatile inflationary and energy shocks
- Geopolitical tension as a primary concern for reserve managers, significantly influencing their decision-making and portfolio management strategies
- Implementing a heightened focus towards prioritizing strategies that effectively mitigate geopolitical risk and navigate through macroeconomic uncertainties
11:00 – 11:30
Coffee break, and networking
11:30 – 12:30
Reserve management presentation
12:30 – 14:00
Lunch break, and networking
14:00 – 15:00
Central bank forecast communications
- How to express the uncertainty of the forecast?
- What emphasis should be put on the central forecast?
- Case study on the Bernanke report - the appropriate approach to forecasting and analysis in support of decision-making during uncertainty
Charles Goodhart was the Norman Sosnow Professor of Banking and Finance at the London School of Economics until 2002; he is now an Emeritus Professor in the Financial Markets Group there. Before joining the London School of Economics in 1985, he worked at the Bank of England for seventeen years as a Monetary Adviser, becoming a Chief Adviser in 1980. During 1986, Prof. Goodhart helped to found, with Prof. Mervyn King, the Financial Markets Group at London School of Economics, which began its operation at the start of 1987. In 1997, he was appointed one of the outside independent members of the Bank of England’s new Monetary Policy Committee until May 2000. Earlier he had taught at Cambridge and London School of Economics.
15:00 – 15:45
Closing remarks and delegate action plans
Concluding session led by the chair
- Summary of the course
- Discussion of the observed trends and case studies
- Application of learning points in the delegates’ home organisations
- Preparation of action points
Venue
133 Houndsditch
Fifth Floor,
133 Houndsditch,
London,
EC3A 7BX
