Communication has become an integral part of the strategy of modern central banks. Over the past two decades central banks have generally become more transparent in communicating their objectives, explaining their strategy for setting the policy rate, providing their views regarding the economic...

Program “ECB Intervention: Under What Circumstances Is it Likely to Work?” “Identifying the Effects of Central Bank Intervention” “Foreign Exchange Market Intervention in a Model with Heterogeneous Agents” “Communication and Decision-Making by Central Bank Committees: Different...