This paper examines whether central bank communication stabilises euro area inflation expectations through the … visitors’ attention to its communication. We conduct several econometric tests with daily data to measure the impact of ECB … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that …

Why do long-run interest rates respond to central bank communication? Whereas existing explanations imply a common set …-run rates and operate primarily through the term premium. This suggests communication plays an important role in shaping …

that communication plays a significant role in enhancing the accuracy when trying to estimate the bank's reaction function …

Press releases announcing and explaining monetary policy decisions play a critical role in the communication strategy …

Central banks have intensified their communication with non-experts – an endeavour which some have argued is bound to … fail. This paper studies English and German Twitter traffic about the ECB to understand whether its communication is … received by non-experts and how it affects their views. It shows that Twitter traffic is responsive to ECB communication, also …

While the established literature on central bank communication has traditionally dealt with communication of monetary … policy messages to financial markets and the wider public, central bank communication on fiscal policy has so far received … little attention. This paper empirically reviews the intensity of central banks' fiscal communication by five central banks …

´s monetary policy and augment them with communication indicators. First, we find that the ECB responded to risks to price …

The aim of central bank communication is to provide information on monetary policy and the economic outlook in a timely … manner to the public. While research on central bank communication and specifically the European Central Bank’s press … conference has shown that it has the potential to move markets, in-depth textual analysis of key communication tools creates room …

talk about the economy? We propose a simple framework that allows us to estimate communication rules in the United States … based on text analysis with regularized regressions. We find strong evidence for systematic communication rules that vary …’s communication rule and use it to investigate how much of the disagreement between the market and the Fed come from disagreement …