Speakers: Øystein Olsen, Dr Sushil Wadhwani
Chair: Professor Sir Charles Bean
Recorded on 27 April 2015 in Hong Kong Theatre, Clement House.
The past decade shows how monetary policy and financial stability are interlinked. In recent years, Norges Bank has been one of few central banks where the risk of a build-up of financial imbalances has played an explicit role in monetary policy. Norges Bank was also one of the first to establish an analytical framework for the Basel III macroprudential countercyclical capital buffer. The Governor, Øystein Olsen, will discuss both analytical and organisational aspects of integrating monetary policy and financial stability and share experiences from Norges Bank so far.
Øystein Olsen is the Governor of Norges Bank (Norway's central bank), a position he has held since 2011.
Sushil Wadhwani is the founder of Wadhwani Asset Management LLP and a former member of the Bank of England's Monetary Policy Committee. Dr Wadhwani was educated at the London School of Economics and Political Science, where he obtained a BSc (Econ), MSc (Econ) and PhD (Econ).
Sir Charles Bean is a Professor of Economics at LSE and a former Deputy Governor of the Bank of England.
The Systemic Risk Centre (@LSE_SRC) investigates the risks that may trigger the next financial crisis and develops practical tools to help policy-makers and private institutions become better prepared.
