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22 - 23 November 2007*, Warsaw Date: 22-23 November 2007 Venue: Warsaw, NBP Premises Deadline for submission: 22 June 2007 JEL: E, F, G, O The National Bank of Poland invites submissions for the conference Monetary Policy Challenges Resulting from Rapid Credit Growth in Converging Economies to be held in Warsaw on 22-23 November, 2007. Recent years have seen a rapid credit growth in many of the new EU Member States and other catching-up economies. While financial deepening is an inherent part of the convergence process and can be beneficial for the economy, the scale and the speed of the observed lending growth raises important questions for the monetary and financial authorities. Is this strong increase in loans a credit bubble or an equilibrium phenomenon?

What risks does it pose to price and financial stability? What measures can be taken to avoid or reduce potential negative consequences of a lending boom? How does the credit growth affect the conditions in which monetary policy operates and what policy adjustment does it require? What is the impact of the euro adoption on the lending growth and the optimal policy response? The objective of the conference is to present the latest research on the determinants of the credit growth in converging economies as well as its effects and policy challenges.

The conference is also intended to provide a discussion forum for distinguished academics, central bankers and representatives from commercial banks on a topic of great importance for monetary policy.

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The primary endpoint was the percent of patients achieving a 75 percent reduction in migraine days per month from baseline to week 12. Significantly more patients achieved a ≥75 percent and ≥50 percent RR with 300 milligrams (33 percent and 57 percent) or 100 milligrams (31 percent and 55 percent) of eptinezumab than those with placebo (21 percent and 41 percent) for 12 weeks post-treatment. At randomization, HIT-6 scores averaged 64.5. HIT-6 scores for 75 percent responders receiving any study dose at week 4 were 50.9 (-13.6). Scores were sustained at 12 weeks at 52.2 (-12.3). HIT-6 scores for 50 percent responders were 57.1 at 4 weeks and 56.6 at 12 weeks. Minimal changes in HIT-6 scores were seen for ≥25 percent or All doses of eptinezumab were well tolerated, and no serious treatment-related adverse events were reported.