Feldkircher, Martin; Hofmarcher, Paul; Siklos, Pierre L. - 2023
Transparent communication is a prerequisite for delivering an effective monetary policy. In this paper, we examine over … 3000 speeches from central bankers to investigate the topics euro area national banks and the ECB most frequently talk … stability communication lie at the core of central bank communication in the euro area. Second, the ECB’s ideal points tend to …