IMF says ECB shows mediocre market predictability

The International Monetary Fund has criticised the European Central Bank for confusing markets and said it was less predictable than its central bank peers, the U.S. Federal Reserve and the Bank of England.

The ECB, currently reassessing its monetary strategy, has said that it does not want to surprise financial markets, but the young central bank still arrived in third place in the IMF's empirical study, on which it declined to comment.

The U.S. Fed was the most predictable central bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: