financial market volatility after FOMC meetings. Finally, Fed communication may exert an influence on forecast accuracy. …The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a … novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 …

financial market volatility after FOMC meetings. Finally, Fed communication may exert an influence on forecast accuracy. JEL …The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a … novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 …

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 …

; forecast ; Federal Reserve ; FOMC ; geography ; skills ; heterogeneity ; survey data ; communication ; United States. … influencing such heterogeneity as Fed communication is found to affect forecast accuracy significantly. -- Monetary policy …The paper shows that there is a substantial degree of heterogeneity in the ability of Fed watchers to forecast US …

Using a GARCH model, we analyze the influence of U.S. monetary policy action and communication on the price volatility … bank communication during the recent financial crisis: the "calming" effect of communication found for the whole sample is … partly offset during that period. -- Central Bank Communication ; Commodities ; Federal Reserve Bank ; Monetary Policy …

Using a GARCH model, we analyze the influence of U.S. monetary policy action and communication on the price volatility … bank communication during the recent financial crisis: the “calming” effect of communication found for the whole sample is …

and other asset prices (stocks and Treasuries) on FOMC announcement dates, a relationship widely studied in high … significantly more strongly to monetary policy shocks on FOMC announcement dates that overlap with other macroeconomic announcements …