communication about future interest rate decisions based on information from the Internet and news sources. We apply the methodology … announcements, whereas longer-dated Treasuries mainly react to changes in policy communication. Using lower frequency data, we find …, we find communication to be a more important determinant of Treasury rates than contemporaneous policy rate decisions …

Press releases announcing and explaining monetary policy decisions play a critical role in the communication strategy …

The paper assesses the communication strategies of the Federal Reserve, the Bank of England and the European Central … Bank and their effectiveness. We find that the effectiveness of communication is not independent from the decisionmaking … process in the committee. The paper shows that the Federal Reserve has been pursuing a rather individualistic communication …

to revert to other types of Fed communication in the inter-meeting periods, and come to their own assessment of the …

We ask how central banks can change their communication in order to receive greater newspaper coverage. We write down a … communication in such a way that newspapers choose to report it, while still retaining the message the central bank wishes to convey … measures of news coverage in order to determine what causes central bank communication to be reported on will likely prove to …

Monetary policy communication is particularly important during unconventional times, because high uncertainty about the … predictability of policy actions. We study how monetary policy communication should and has worked under such circumstances. Our main …

examine whether this form of ECB communication adds information to a shadow interest rate that summarises the overall policy … stance as interpreted by financial markets. To measure communication, we use information based on ECB press releases … distinguishing between topics like inflation, the real economy and monetary developments. We also look at the effect of communication …

Monetary policy communication is particularly important during unconventional times, because high uncertainty about the … predictability of policy actions. We study how monetary policy communication should and has worked under such circumstances. Our main …

Press releases announcing and explaining monetary policy decisions play a critical role in the communication strategy …

On the basis of a unique database of policy makers’ comments, we find that central bank communication does influence … that central bank communication affects the predictability of monetary policy decisions. …