Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - European Central Bank - 2006
inflation environment, and that the media’s coverage of decisions is generally highly responsive to ECB communication – in …Media coverage of monetary policy actions is a central channel of a central bank’s communication with the wider public … monetary policy decisions receive in the print media, and the determinants of its extent and of its favorableness. We find that …