Over the past 20 years, there has been a convergence of central bank communication initiatives. Virtually all central banks now make clear their monetary policy framework and objectives and …

Jun 30, 2025 · This communication must be consistent enough that people can follow, and dynamic enough that it can adjust to the circumstances that are faced. Federal Reserve …

This chapter examines the challenges that central banks face in the wake of these crises. We focus on how governance, monetary policy and financial stability policy at central banks has …

Mar 13, 2025 · Using large-scale survey experiments, the authors find that strategic communication emphasising institutional background and policy goals can mitigate perception …

the Fed is crucial for designing effective central bank communication strategies. This paper investigates how political polarization affects public trust in the Fed, how individuals process its …

By examining communication strategies across term maturities, speakers and financial products in the Euro Area, US and Chile, we uncover significant, heterogeneous influences of disciplined …

This study discusses the behavioral bias affecting the central bank’s communication with the general public and proposes measures to improve communication efficiency by deploying …

We also review a large literature that analyzes social media content to understand how central bank communication affects expectations and, subsequently, behaviour in financial markets.

Mar 14, 2019 · Over the past twenty-five years, central bank communications have undergone a major revolution. Central banks that previously shrouded themselves in mystery now embrace …

Today, the Federal Reserve is significantly more transparent, an evolution that has taken place over the past 30 years. The timeline in Figure 1 tells the story.