Communication
Transparency: National Bank of Ukraine
The Ukrainian central bank has made strong progress in improving its transparency during a highly challenging operating environment
Powell urged fast end to QE despite signs of taper tantrum
Jerome Powell sensed taper tantrum was a risk, but urged then-chair Ben Bernanke to act anyway, transcripts show
Icelandic central bank questions reform proposals
Publishing rate paths may not work as intended, external MPC members warn
Europe approves post-Brexit CCP and CSD framework
EC adopts temporary regime to allow UK CCPs and CSDs to continue operating for 12 months after Brexit; BoE and Esma in talks to ensure efficient supervision
Fed’s communications may outweigh rate changes – Bundesbank paper
Researchers look at impact of Fed announcements and policy changes from 1994 to 2008
Brazil to provide more information on policy decisions from 2019
Central bank holds key Selic rate at 6.5% on volatile financial markets and stable inflation
Central banks turn to visual communication in 2018
More than 30 central banks started YouTube channels over the past 12 months, according to Central Banking Directory 2019; Bank Indonesia retains Twitter titles
Cleveland Fed launches centre for inflation research
Bank plans to make its inflation conference annual rather than bi-annual
Communication of monetary policy took back seat in financial crisis, researchers find
ECB press conferences transmitted non-monetary information in 65% of cases from 1990 to 2017, researchers find
Fed to expand market data collection efforts
The scope and availability of data must keep up with evolving markets, Lael Brainard says
PBoC’s policy communication could improve - IMF paper
Central bank’s communications should be more timely and accessible, researchers say
Media matters
Mike Hannah says central bank communications teams need to look beyond traditional media
Policy communication main challenge for South American central banks
In regional meeting, delegates discuss importance of payments innovation and security
Bank of Jamaica seeks comms boost from first social media foray
Central bank joins Twitter to aid communication around economic reforms
People: Macedonia appoints two female vice-governors
ECB brings statistics expert from Eurostat; RBNZ creates position of manager communications
BoJ governor offers advice on domestic resilience to external shocks
Central bank co-operation and communication are crucial for domestic resilience, Kuroda explains
Bank of Canada launches new communication initiative
Central bank hopes new publication will promote financial literacy among Canadians
BoE study finds ‘relatable’ communications boost trust and understanding
Communications that are relatable to people’s lives work best, behavioural experiment finds
The Bank of England’s missing records
Central banks need to implement robust archiving frameworks, should they want to maintain public trust and learn from the lessons of the past, writes former Bank of England official historian Forrest Capie
Published rate path has similar effect to other communication – BIS study
Communication is important, but the “exact form” less so, according to research
Australian central bank holds rates, but governor warns of future rises
Board members confident about effects of tighter Fed policy and possible trade disputes
James Bullard on 2% rates, tariffs and Fed leadership
The president of the Federal Reserve Bank of St Louis speaks about the impact of US trade policies, the disruption to the banking industry from Silicon Valley, shrinking the Fed balance sheet and the potential for agent-based modelling
Peru central bank clashes with IMF over communication
Central bank says it has no plans to modify communication given success of guidance
T&T central bank establishes formal whistleblowing policy
Employees now have an official framework for reporting incidents anonymously