Academics urge ECB to enhance communications

The European Central Bank's (ECB) communications practices are hampering the institution's inflation-fighting credentials, academics have argued.

"The loss of confidence in the ECB's ability to deliver price stability in the medium term is not surprising considering the ECB's befuddling communication practices," say Petra Geraats, a lecturer in economics at Cambridge University, and Francesco Giavazzi and Charles Wyplosz, both research fellow at the Centre for Economic Policy Research, in an

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