Mario Marcel: Changing inflation dynamics, evolving monetary policy

Opening remarks by Mr Mario Marcel, Governor of the Central Bank of Chile, at the Central Bank of Chile's Twenty-Second Annual Conference "Changing Inflation Dynamics, Evolving Monetary Policy", Santiago de Chile, 25 October 2018.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
02 November 2018
by Mario Marcel
PDF full text
(210kb)
  |  4 pages

Welcome remarks

Good morning everybody and welcome to the Twenty-Second Annual Conference of the Central Bank of Chile. It is a pleasure to host this event that every year gives us the opportunity to reflect and discuss about issues that have direct implications on our work as central bankers and stimulate the related academic agenda. I am looking forward to active discussions today and tomorrow on this year's conference theme: changing inflation dynamics and its implications for monetary policy. This conference is being followed online via live streaming on our website.

Inflation dynamics and monetary policy in recent years

The last ten years have been an extraordinary time for macroeconomics.