Comms teams becoming less involved in key policy decisions

Early involvement appears to raise effectiveness in monetary policy communication

Eleven central bank communications teams have become less involved in key policy-making over the past four years, data from Central Banking Communications Benchmarks spanning from 2021 to 2024 suggests.

In this year’s benchmark, 33 communications departments (compared with 39 last year) responded to the question of when they become involved in key policy decisions – a question that was also asked in previous benchmarks.

Around 48% of respondents (16 central banks) become involved in key policy

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