Inflation: Drivers and Dynamics Conference 2025

The European Central Bank (ECB) and the Center for Inflation Research at the Federal Reserve Bank of Cleveland will host the Inflation: Drivers and Dynamics 2025 Conference on September 29–30 in person at the ECB. This annual conference brings together top researchers and policymakers from academia, central banks, and other policy institutions to present research findings related to inflation. Virtual attendance is available for individuals who are not presenting or serving as discussants.

Christiane Baumeister, University of Notre Dame, and Gauti B. Eggertsson, Brown University will present keynote addresses.

A policy panel comprising Philip R. Lane, ECB Executive Board member and Beth M. Hammack, President and Chief Executive Officer of the Federal Reserve Bank of Cleveland and Dave Ramsden, Deputy Governor for Markets, Banking, Payments & Resolution at the Bank of England will provide remarks.

Topics of interest include, but are not limited to, the following:

• monetary and fiscal policy and inflation dynamics
• inflation expectations
• the impact of economic slack, input costs (including intermediate inputs, energy and commodity prices, and international components of costs), network effects, supply bottlenecks and sectoral dislocations
• micro-level price dynamics and implications for aggregate inflation
• structural determinants of inflation dynamics and trend inflation (including geoeconomic fragmentation, digitalization, and demographic change)
• inflation and AI / technological advancements
• labor markets, wage, and inflation dynamics

Scientific Committee

Ina Hajdini, Ed Knotek, Damjan Pfajfar, Robert Rich (Federal Reserve Bank of Cleveland); Elena Bobeica, Sarah Holton, Peter Karadi, Chiara Osbat (ECB)

Authors interested in presenting their research related to inflation should submit their papers through Conference Maker. The deadline for submissions is Wednesday, April 30. Authors of accepted papers will be notified by June 16. Presenters and discussants are expected to present in person. All papers presented at the conference will be posted on the websites of the ECB and the Federal Reserve Bank of Cleveland.