Communication
BoJ faces growing communications challenge
BoJ embarks on third attempt at unlimited fixed-rate outright JGB purchases
St Louis’s Bullard on the future of the Fed and its monetary policy record
President James Bullard says Fed monetary policy was a “factor” that fuelled crisis
FSB turns to video in effort to widen comms reach
“Safer, simpler, fairer” video seeks to broaden communications effort to a less specialised audience
Inflation data causes rift in FOMC
Fed officials discuss whether incoming low inflation data is “transitory” or sign of worrying things to come
Bond sell-off slows as markets digest central bank comments
Upbeat comments from ECB and BoE chiefs trigger brief tantrum
Carney comments lead to sterling wobbles
Pound leaps as markets interpret comments as sign Bank of England governor is contemplating rate hike later this year
BoJ told to improve communication on potential exit from stimulus
Speculation is growing over the timing and method of the exit from the stimulus programme
RBNZ’s Hannah: central bank is working to close trust gap
Survey in 2014 linked poor public understanding of central bank’s work with low trust
BoJ’s Iwata says expectations likely to shift as inflation returns
Deputy says people will likely become more forward-looking when their wages are eroded by inflation
Bank of Canada prepares to open redesigned museum
Museum set to reopen in July after “complete reimagining”
Riksbank claims rate forecast success, despite inaccuracies
Study of 10 years of repo rate forecasting concludes it is useful tool for setting and communicating policy
Brainard turns cautious on inflation concerns
Lack of wage growth and lower than expected inflation data could slow further monetary easing, says Fed governor
Tackling the ‘human agency’ problem
Central banks are readying themselves to face down assault by populists
The BoJ’s risky yield curve control experiment
Current objectives are muddled, writes former policy board member
Norges Bank board to meet more and publish minutes
Øystein Olsen says Norwegian central bank is looking to be more transparent
Bank of Lithuania tailors new website to different audiences
Presentation of statistics overhauled to meet different needs
Bank of Canada’s Vardy and Harrison on the move to ‘peacetime’ communications
Central bank has reshaped its communications approach post-crisis
No ‘taper tantrum’ this time around – Fischer
Fed vice-chair says US central bank has learned from mistakes made in 2013
Volatile housing market puts RBA under pressure
Variations in housing growth and prices ramp up risk to financial stability, RBA minutes show
BoE’s Vlieghe: good policy is more than accurate forecasting
MPC member says doctors cannot forecast heart attacks, but are still pretty useful
Uncertainty matters for forward guidance success – BoE paper
Authors show introducing uncertainty generates significantly different macroeconomic effects
Haldane: central banks could ‘gamify’ communications
The game Monopoly could be the next tool in central bank’s communication toolbox, Haldane says
Bank of Israel revamps policy communications
Central bank adopts new approach to communicating monetary policy decision
Federal Reserve publishes its first fan chart
New communication method aims to better convey uncertainty in forecasts