Say something in central banking // ECB economists wondered if the population of Europe understands them

[ad_1]


Economists at the European Central Bank (ECB) have published a review on the new stage of the “communication revolution of central banks”. Active communication of regulators with the professional community since the 1990s has been transformed in recent years into a discussion by central banks of the next step – direct communication with the widest possible audience. The ECB notes that the statements of central banks have little effect on inflation expectations, in some cases the words in the language of the Central Bank will be misunderstood by the population, and the concept of “multilayer” communication does not always help – nevertheless, even if the central banks do not want to, “talk to the people ” have to.

[ad_2]

Source link