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 …

communication accompanying interest rate meetings. Our proposed method is fast and simple, and relies on a Singular Value … surprises in central bank communication using this type of data and identification provides surprise measures that are … monetary policy literature associates with the information component of monetary policy communication. Our study highlights the …

to create the perception of opacity. The optimal communication strategy for the central bank is to provide clarity about …

This paper summarizes the results of a Survey on Monetary policy Communication conducted among central banks in Central … transparency and communication strategies of the central banks. The results of the Survey reveal that today the central banks pay … process. The overall conclusion of the Monetary policy communication Survey is that the communication and the transparency of …