Striving to Be Clearly Open" and "Crystal Clear" : Monetary Policy Communication of the CNB"

Monetary Policy Communication of the CNB

Striving to Be Clearly Open" and "Crystal Clear" : Monetary Policy Communication of the CNB"
The Czech National Bank has a respectable track record in terms of its policy actions and the corresponding inflation outturns. Using a simple forward-looking policy rule, we find that its main communication tools-inflation targets, inflation forecasts, verbal assessments of the inflation risks contained in quarterly inflation reports, and the READ MORE...

Publication date: April 2008
ISBN 9781451869453
$18.00

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