{"id":548,"date":"2025-11-23T11:22:42","date_gmt":"2025-11-23T10:22:42","guid":{"rendered":"https:\/\/karl-brunner-institute.ch\/?page_id=548"},"modified":"2025-11-23T12:14:15","modified_gmt":"2025-11-23T11:14:15","slug":"the-snb-and-its-watchers-2025","status":"publish","type":"page","link":"https:\/\/karl-brunner-institute.ch\/?page_id=548","title":{"rendered":"The SNB and its Watchers 2025"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Conference Program<\/strong><\/h2>\n\n\n\n<p><strong>Date:<\/strong> November 21, 13:30-18:20<br><strong>Venue:<\/strong> <a href=\"https:\/\/www.hotel-krone.ch\/\">Hotel Krone Unterstrass<\/a>, Schaffhauserstrasse 1, Z\u00fcrich, CH 8006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p><strong>13:35-13:40 Welcome<\/strong><\/p>\n\n\n\n<p><em>Harris Dellas, <\/em>President, Karl Brunner Institute; Professor, University of Surrey<\/p>\n\n\n\n<p><strong>13:40-14:05 Keynote Speech<\/strong><\/p>\n\n\n\n<p><em>Martin Schlegel<\/em>, Chairman of the Governing Board, SNB (<a href=\"https:\/\/karl-brunner-institute.ch\/wp-content\/uploads\/2025\/11\/Schlegel.pdf\">slides<\/a>)<\/p>\n\n\n\n<p><strong>14:05-14:30 Q&amp;A<\/strong><\/p>\n\n\n\n<p><strong>Lead Questions:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Andreas Billmeier<\/em>, Brevan Howard<\/li>\n\n\n\n<li><em>Daniel Huk<\/em>, PGIM<\/li>\n\n\n\n<li><em>Beat Siegenthaler<\/em>, Rokos Capital Management &nbsp;<\/li>\n\n\n\n<li><em>Giuseppe Vera<\/em>, Citadel<em>Christoph Bianchet<\/em>, Suva<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>14:30-14:55 Coffee break<\/strong><\/p>\n\n\n\n<p><strong>14:55-16:10 Panel 1: Economic uncertainty and the design and conduct of monetary policy<\/strong><br>Chair, <em>Yvan Lengwiler<\/em>, Professor, University of Basel<\/p>\n\n\n\n<p><strong>Speakers:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Otmar Issing, <\/em>&nbsp;CFS, Former Member of Executive Board and Chief Economist, ECB<\/li>\n\n\n\n<li><em>Lorie Logan,<\/em> President, Federal Reserve Bank of Dallas<\/li>\n\n\n\n<li><em>&nbsp;<\/em><em>Athanasios Orphanides, <\/em>Professor, MIT  (<a href=\"https:\/\/karl-brunner-institute.ch\/wp-content\/uploads\/2025\/11\/Orphanides.pdf\">slides<\/a>)<\/li>\n\n\n\n<li><em>Attilio Zanetti, <\/em>Alternate Member of the Governing Board, SNB  (<a href=\"https:\/\/karl-brunner-institute.ch\/wp-content\/uploads\/2025\/11\/Zanetti.pdf\">slides<\/a>)<\/li>\n<\/ul>\n\n\n\n<p><strong>Lead Questions:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Christoph Bianchet<\/em>, Suva<\/li>\n\n\n\n<li><em>Reinout De-Bock<\/em>, UBS<\/li>\n\n\n\n<li><em>Karsten Junius<\/em>, J. Safra Sarasin<\/li>\n<\/ul>\n\n\n\n<p><strong>16:10-16:40 Coffee break<\/strong><\/p>\n\n\n\n<p><strong>16:40-18:10 Panel 2: The future of the world&#8217;s leading currencies<\/strong><\/p>\n\n\n\n<p>Chair: <em>Chair: Hans Gersbach<\/em>, Professor, ETHZ, KOFF<\/p>\n\n\n\n<p><strong>Speakers:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Luisa Lambertini<\/em>, Professor, USI (<a href=\"https:\/\/karl-brunner-institute.ch\/wp-content\/uploads\/2025\/11\/Lambertini.pdf\">slides<\/a>)<\/li>\n\n\n\n<li><em>Carlos Lenz<\/em>, Head of Economic Affairs, SNB (<a href=\"https:\/\/karl-brunner-institute.ch\/wp-content\/uploads\/2025\/11\/Lenz.pdf\">slides<\/a>)<\/li>\n\n\n\n<li><em>Huw Pill, <\/em>Chief Economist and Member of MPC, Bank of England<\/li>\n\n\n\n<li><em>Cedric Tille<\/em>, Professor, HEID (<a href=\"https:\/\/karl-brunner-institute.ch\/wp-content\/uploads\/2025\/11\/Tille.pdf\">slides<\/a>)<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n\n\n\n<p><strong>Lead Questions:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Gianluca Benigno<\/em>, Professor, University of Lausanne<\/li>\n\n\n\n<li><em>Alvise Marino<\/em>, UBS<\/li>\n\n\n\n<li><em>Bill Papadakis<\/em>, Banque Lombard Odier &amp; Cie<\/li>\n<\/ul>\n\n\n\n<p><strong>18:10-18:20 Concluding Remarks<\/strong><\/p>\n\n\n\n<p><em>Philippe Bacchetta<\/em>, Professor, University of Lausanne, SFI<\/p>\n\n\n\n<p><strong>18:20-19:15 Apero<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Conference Program Date: November 21, 13:30-18:20Venue: Hotel Krone Unterstrass, Schaffhauserstrasse 1, Z\u00fcrich, CH 8006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13:35-13:40 Welcome Harris&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"ngg_post_thumbnail":0,"footnotes":""},"class_list":["post-548","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=\/wp\/v2\/pages\/548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=548"}],"version-history":[{"count":10,"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=\/wp\/v2\/pages\/548\/revisions"}],"predecessor-version":[{"id":571,"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=\/wp\/v2\/pages\/548\/revisions\/571"}],"wp:attachment":[{"href":"https:\/\/karl-brunner-institute.ch\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}