Hayo, Bernd; Neuenkirch, Matthias - 2014 - This version: 26 March 2014
We study how financial market participants process news from four major central banks - the Bank of England (BoE), the Bank of Japan (BoJ), the European Central Bank (ECB), and the Federal Reserve (Fed), using a novel survey of 450 financial market participants from around the world. Our results...