This paper examines whether central bank communication stabilises euro area inflation expectations through the … visitors’ attention to its communication. We conduct several econometric tests with daily data to measure the impact of ECB … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that …

stale projections may hamper central bank communication. In fact, interest rate uncertainty increases when the market …

. -- monetary policy ; ECB ; forecast ; geography ; history; heterogeneity; Taylor rule ; learning ; transmission ; survey data … countries, we find remarkable differences in forecast accuracy, and show that they are partly related to geography and … involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand …

than half of the surprise and decreasing with the forecast horizon …

countries, we find remarkable differences in forecast accuracy, and show that they are partly related to geography and … involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand … banking in the past. In large part this heterogeneity can be traced to differences in forecasting models. While some …

than half of the surprise and decreasing with the forecast horizon. …

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 …