bank signals? This paper hypothesises that sharing information among investors can improve expectations, especially in the …How do financial markets acquire information about upcoming monetary policy decisions, beyond their reaction to central …-related content on Twitter during the "quiet period" before European Central Bank announcements, when policymakers refrain from public …

Why do long-run interest rates respond to central bank communication? Whereas existing explanations imply a common set … effects along the yield curve. To evaluate this channel, we use the publication of the Bank of England's Inflation Report …

signals, we show that the release of more precise public information about future rates lowers the informativeness of market …. However, when the increase in precision of public information is sufficiently large, uncertainty is unambiguously reduced. …

Why do long-run interest rates respond to central bank communication? Whereas existing explanations imply a common set … effects along the yield curve. To evaluate this channel, we use the publication of the Bank of England's Inflation Report …

This paper examines whether central bank communication stabilises euro area inflation expectations through the … information and news channel. A novelty of the study is its use of data from Google Analytics on ECB website traffic as proxy for … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that …

, if current policy turns outto be too expansionary (contractionary) because of the bank’s information problem …,subsequent policies should be slightly contractionary (expansionary). By following thisapproach, the central bank can improve the trade …-off between the fluctuations of its goalvariables caused by economic shocks and their fluctuations caused by the bank’s response …

In this paper we examine whether publishing the information underlying the central bank's decisions is socially … under opacity with adverse consequences for welfare. Moreover, we explore the extent to which the central bank can use … the distortions stemming from heterogeneous information. However, transparency generally raises the variance of inflation …

bank should disclose or not its information, but how the central bank should disclose it. We consider a static coordination … attached to the provision of private information, we determined the conditions under which the central bank faces a trade … precision of public information or withholding it. The latter seems to be unrealistic. Thus, the issue is not whether central …

take into account forward-looking information released by the central bank. The results show that, compared to surprises in …-varying signals of the central bank. I augment the standard monetary policy Bayesian Vector Autoregression (BVAR) with additional … information variables from Fed statements, which allows us to study the information-free effects of monetary policy shocks and to …

to the ECB's Bank Lending Survey. Regarding direct effects on bidders, we find an easing impact on margins on loans to …