Press conferences tend to be held for every monetary policy decision

The events can be a valuable tool for policy transparency and clarity

Most central banks hold a press conference for every monetary policy decision, data from Monetary Policy Benchmarks 2021 shows.

Press conferences are an opportunity for journalists and stakeholders to hold central bank officials accountable on behalf of the public. 

The median number of press conferences was four and the range was 1–8 per year. 

Eighteen central banks (64%) held one press conference for each monetary policy decision, nine held fewer (32%) and just one – an African upper

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