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Monetary policy in perspective

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.
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.
Wednesday 4 February 2026 | 1 hour 16 minutes 35 seconds

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, emphasising 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.