Dale, Spencer; Orphanides, Athanasios; Österholm, Pär - 2008
imperfect information communicated by a central bank, such communication can inform and improve the public`s decisions and … expectations. But if not, communi-cating imperfect communication has the potential to mislead and distract. The risk that imperfect … communication may detract from the publics understanding should be considered in the context of a central banks communications …