The CFM-RCM Lecture Series
Monetary Policy in Perspective: 14 years in the ECB Governing Council
Date: Wednesday 4 February 2026
Time: 6.00-7.15pm
Speaker: Klaas Knot, Former President, De Nederlandsche Bank
Chair: Professor Ricardo Reis
Venue: Old Theatre, Old Building, LSE Campus
Event Details:
Join Klaas Knot, who served as President of the Dutch Central Bank (DNB) for 14 years, as he reflects on his extensive experience in the European Central Bank’s (ECB) Governing Council. In this lecture, Klaas will break down his tenure into three distinct phases: the Eurozone debt crisis, the low-inflation trap, and the recent high-inflation shock. Drawing on the insights gained from each period, he will explore key lessons in monetary policy through the lens of the AD/AS framework, emphasizing the diverse impacts of monetary transmission across different economic contexts. With a distinguished career in central banking and financial stability, including his current role as Chair of the Financial Stability Board, Klaas will share invaluable perspectives on the challenges of managing monetary policy in times of crisis, inflationary pressures, and systemic risks.
This is the first edition of the CFM-RCM lecture series, which invites former policymakers to reflect on their experiences and to raise challenges and open questions for future researchers. It is joint initiative of the Centre for Macroeconomics and Rokos Capital Management to promote our understanding of macroeconomic policy and of its interaction with financial markets.
Find more information here