communication by central banks about their policy decisions, the targets that they seek to achieve through those decisions, and the … central bank's view of the economy's likely future evolution. This paper considers the role of such communication in the …

informal communication – including unattributed communication -- plays a central role in monetary policy communication. This … contrasts with the standard communications framework in which communication should be public and on-the-record because it serves … to ensure accountability and policy effectiveness. I lay out possible benefits of using unattributed communication as an …

We quantify the importance of non-monetary news in central bank communication. Using evidence from four major central … composition depending on the communication channel used by central banks. Non-monetary news prevails in about 40% of policy …

particularly relevant as the Fed develops its communication strategy to achieve an orderly exit from its program of quantitative …