long-run target for the policy rate; and (ii) the central bank is averse to bond-market volatility. In this setting … when the central bank moves more gradually. The same desire to mitigate bond-market volatility can lead the central bank to …

, testimonies, and FOMC meetings (STF's) -- and volatility in the 30-year U.S. Treasury bond futures market. Using high … volatility, that this impact depends on the transmission of information (rather than just noise), and that this information …

, thereby lowering interest rate volatility and contributing to economic stability. Most empirical studies support this view … volatility. To extend the literature, I use the Dincer and Eichengreen (2007) transparency index for twenty-four economies of … varying income and examine the impact of transparency on both predictability and market volatility. I find that higher …

This paper documents that ECB announcements increase the stock market volatility in the euro area (EA) on the same day …. I consider two volatility measures from January 1998 to May 2019. First, a realized volatility measure uses intraday … data for 8 different stock market indices. Second, a range measure approximates volatility using daily prices from 11 …

. This leads to the question of which effect central bank transparency has on the volatility of exchange rates. According to … exchange rate volatility depends on the development of countries. While there is no effect of central bank transparency in the …