. Communication has become an effective auxiliary instrument of economic policy, and markets started paying precise attention to the … provide an overview of recent trends and developments in central bank communication strategies. By resorting to the existing … literature, we analyze the origins of central bank communication and the evolution of its role in time. We also study the main …

set of professional forecasts of financial and macroeconomic variables. More communication even increases forecast errors …

central banks. Overall, our results suggest that central bank communication contains systematic biases that could lead to …

) communication spillovers from the Federal Reserve are prominent in exchange rate and dollar-related topics for dollar peggers and in … less responsive to political pressure in their communication. …

Communication has become a vital part of modern monetary policy, and its importance is even higher during a crisis when … communication from individual central bank policymakers in the European Central Bank and the Federal Reserve during a period of very … of communication. …

, this paper aims to bridge the gap between the theory and practice of monetary policy transparency. …