Šmídková, Kateøina; Bulíø, Aleš - In: Czech Journal of Economics and Finance (Finance a uver) 57 (2007) 11-12, pp. 540-557
The Czech National Bank has a respectable track record in terms of its policy actions and the corresponding inflation outturns. The authors analyze its main communication tools – inflation targets, inflation forecasts, verbal assessments of the inflation risks contained in quarterly inflation...