This paper examines whether the clarity of central bank communication about inflation has changed with the economic … environment. We use readability statistics and content analysis to study the clarity of communication on the inflation outlook by …, however, did have a negative impact on clarity of central bank communication. …

Since its inception, the European Central Bank (ECB) has regarded communication as anintegral part of its monetary …, overall, ECB communication has contributed to the effectiveness of its monetary policy. Our review of the literature shows … reacted to ECB communication. In addition, there is evidence that communication has improved the predictability of interest …

More than a monetary policy strategy, we interpret inflation targeting as a framework for communication. We model …

, contributes to financial stability. Therefore, the communication policies of banking supervisors should aim to improve the public …