Current best practice in central banking views a high level of monetary policy predictability as desirable. A clear … narrowly defined as the ability of the public to anticipate monetary policy decisions correctly over short horizons, the … understand the monetary policy framework of a central bank, i.e. its objectives and systematic behaviour in reacting to different …

This paper evaluates different models for the short-term forecasting of real GDP growth in ten selected European … monthly indicators for the nowcast and forecast of quarterly GDP growth. Amongst the latter, we consider small bridge …