Communication
BoE publishes revamped FPC communications
New approach follows the style of MPC announcements more closely
BIS book outlines macro-financial policy framework
“Integrated inflation targeting” would combine policies for maximum effect, authors say
Dallas Fed launches economics website
New site aims to cater for wide range of readers, officials say
RBNZ adopts new dual policy target
New Zealand’s central bank will now have maximum employment target alongside inflation goal
Quarles says FSB ‘must evolve’
New chair calls for changes in the way the organisation assesses financial sector threats
Fed’s 2019 stress tests to assume largest unemployment shock to date
Central bank also announces moves to enhance transparency in its stress-testing programme
Fed takes dovish stance as it clarifies long-run monetary policy
New statement seeks to clarify Fed’s balance sheet normalisation strategy
PBoC continues with communications overhaul
Central bank aims to publish Chinese and English communications simultaneously in the future
Central bank comms affect long-run uncertainty – BoE paper
BoE’s inflation report has effects on long-run bond yields, paper finds
Website of the year: Sveriges Riksbank
The Swedish central bank has redesigned and restructured its website to great effect, with users staying longer and engaging with more content
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