Canada's Jenkins on communication

In a speech on 'Communication: A Vital Tool in the Implementation of Monetary Policy' given on 30 September, Paul Jenkins of the Bank of Canada discusses the importance of public communication as a vital tool in the effective conduct of monetary policy.

Mr Jenkins says that by successfully explaining why the bank's policy objectives and actions are the right ones, the bank can begin to shape expectations and influence behaviour in ways that support policy outcomes. A second key reason why

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