environment in which Reserve Bank implements its policies. This paper tries to explore the specific impact of financial innovation … on the monetary transmission mechanism, and hence the capacity of Reserve Bank to stabilise the economy and promote long … policies. Financial innovation puts effect on the policies of Reserve Bank through interest rate, credit and exchange rate …

since its creation, the systematic treatment contains four parts, first a systematic discussion of how a central bank … central bank decision making in an environment in which financial stability is an essential precondition for reaching the … central bank's macroeconomic objective, e.g. price stability; finally, a discussion of the challenges for institution design …

The European Central Bank (ECB) reduced its deposit rate into negative territory in June 2014. It has been reduced …

Myanmar's macroeconomic policy framework does not adequately support the new functions of the Central Bank of Myanmar …. This paper identifies 10 priority areas for reform to allow the central bank to effectively perform its emerging new … development; and enhance central bank policy capacity. The latter includes elevating the policy process, central banking functions …

In this paper, we study whether central bank communication has a positive effect on market participants' perception of … financial market participants from around the world who answered questions in reference to the Bank of England (BoE), the Bank … of Japan (BoJ), the European Central Bank (ECB), and the Federal Reserve (Fed). We find that market participants believe …

In this paper, we study whether central bank communication has a positive effect on market participants’ perception of … financial market participants from around the world who answered questions in reference to the Bank of England (BoE), the Bank … of Japan (BoJ), the European Central Bank (ECB), and the Federal Reserve (Fed). We find that market participants believe …

We quantify the informational content of statements issued by the interest-rate setting committee of the Central Bank …