Book contents
- Reflections on Monetary Policy after 25 Years of the MPC
- Macroeconomic Policy Making
- Reflections on Monetary Policy after 25 Years of the MPC
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- I Overview
- II Communication
- 3 Reliable Partners
- 4 MPC Monetary Communication
- 5 Central Bank Communication
- III Targets and Instruments
- IV MPC Process
- V Lessons for Central Bank Independence
- Annex: Details on the methodology for the classification of level of disagreement
- Index
- References
3 - Reliable Partners
from II - Communication
Published online by Cambridge University Press: 14 November 2024
- Reflections on Monetary Policy after 25 Years of the MPC
- Macroeconomic Policy Making
- Reflections on Monetary Policy after 25 Years of the MPC
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- I Overview
- II Communication
- 3 Reliable Partners
- 4 MPC Monetary Communication
- 5 Central Bank Communication
- III Targets and Instruments
- IV MPC Process
- V Lessons for Central Bank Independence
- Annex: Details on the methodology for the classification of level of disagreement
- Index
- References
Summary
This chapter is about the communication of monetary policy, and specifically the role of “forward guidance”. This is taken to mean statements by monetary authorities about future policy.
- Type
- Chapter
- Information
- Reflections on Monetary Policy after 25 Years of the MPC , pp. 25 - 48Publisher: Cambridge University PressPrint publication year: 2024