Ianthi Vayid

Author

Staff working papers

Central Bank Communications Before, During and After the Crisis: From Open-Market Operations to Open-Mouth Policy

Staff Working Paper 2013-41 Ianthi Vayid
The days when secrecy and opacity were the bywords of central banking are gone. The advent of inflation targeting in the early 1990s acted as the catalyst for enhanced transparency and communications in the conduct of monetary policy.

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