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Communication key to convey policies and objectives to public, central bankers say

Yellen, Draghi, Kuroda and Carney reflect on reaction of markets and public to policy communication

ECB panel Yellen Draghi Carney and Kuroda
Left to right: David Wessel (chair), Janet Yellen, Mario Draghi, Mark Carney and Haruhiko Kuroda
European Central Bank

Four of the world’s most influential central bankers have stressed the primary role of communication is to clearly convey policies and objectives to the general public at a conference hosted by the European Central Bank in Frankfurt today (November 14).

“From my experience, the best communication policy is to explain in straight words what is the content and the intention of your monetary policy, so that it can be understood not just by experts but also by the general public,” said Haruhiko

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