Monetary policy press conferences more common than minutes

High income institutions trail behind middle income banks on minutes publication

Central banks use a varied mix of communications to convey policy decisions, with press conferences proving more common than the publication of meeting minutes.

Just over half of central banks steer clear of publishing policy meeting minutes, while 29 out of 39 respondents to the Monetary Policy Benchmarks 2022 (74%) hold press conferences on the outcome of monetary policy decisions.

Twenty of the respondents (51%) said they do not publish policy meeting minutes, while 19 other banks (49%)

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