, minority voting supporting a higher Bank Rate decreases the likelihood of further asset purchases …

Central bank transparency has received great deal of attention in recent years. However, the theoretical literature has … one aspect of transparency, the transparency of ‘knowledge' which refers to the disclosure of central bank forecasts about …

While there is ample evidence how central bank communication and interest rate decisions are perceived by financial … policy presented in the media are affected by central bank communication and interest rate decisions …

In response to the Great Financial Crisis, the Federal Reserve and the Bank of England have adopted unconventional … bound. To do so we add a stylised financial sector and central bank asset purchases to an otherwise standard New Keynesian … unconventional monetary policy instruments are coordinated appropriately then the central bank is better able to stabilise both …

affects the profit-loss of the central bank. On the other hand, the accumulation of foreign exchange reserves may affect the … account within the decision-making process for foreign currency debt issuance. In addition, we argue that, if the central bank … bank such as the MNB to rapidly obtain an ample amount of foreign exchange reserves is a foreign exchange swap line …

Central bank communication is becoming a key aspect of monetary policy as a consequence of financial liberalization and … the People's Bank of China (PBoC) should be a key question for the central bank in modernising its monetary policy toolkit …

In this paper, we explore the interest rate setting behavior of newly appointed central bank governors. We use the … partly independent central bank and an explicit nominal anchor …