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 …

Monetary policy communication is particularly important during unconventional times, because high uncertainty about the … predictability of policy actions. We study how monetary policy communication should and has worked under such circumstances. Our main …

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

announcing a quantified inflation objective, other forms of communication, or by publishing central banks’ inflation and output … ; disagreement ; survey expectations ; monetary policy ; inflation targeting ; central bank communication ; forecasting …

during the 2007-10 financial crisis. The findings suggest that financial stability communication by central banks are … perceived by markets to contain relevant information, and they underline the importance of differentiating between communication … tools, their content and the environment in which they are employed. - Central bank ; financial stability ; communication …

. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …

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

decision-makers, and that attributed communication can mitigate some of their effects. …