ECB’s Asmussen stresses importance of central bank communication

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Jörg Asmussen, a member of the European Central Bank's executive board, spoke today (July 6) about the importance of effective communication by central banks, and said the financial crisis had created a number of challenges in this regard.

Speaking at the 2012 European Communication Summit in Brussels, Asmussen said "the crisis was a game-changer in the communication of central banks". He added that communication prior to the crisis was deliberately "unexciting, technical and repetitive", but

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