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Bank of Canada RSS Feedsen2024-03-28T12:20:18+00:00Starting from a Blank Page? Semantic Similarity in Central Bank Communication and Market Volatility
https://www.bankofcanada.ca/2016/07/staff-working-paper-2016-37/
Press releases announcing and explaining monetary policy decisions play a critical role in the communication strategy of central banks. Because of their market-moving potential, it is particularly important how they are drafted. Often, central banks start from the previous statement and update the earlier text with only small changes.2016-07-27T07:36:23+00:00enStarting from a Blank Page? Semantic Similarity in Central Bank Communication and Market Volatility2016-07-27Central bank researchFinancial marketsInterest ratesStaff Working Paper 2016-37https://www.bankofcanada.ca/wp-content/uploads/2016/07/swp2016-37.pdfStarting from a Blank Page? Semantic Similarity in Central Bank Communication and Market VolatilityMichael EhrmannJonathan TalmiJuly 2016EE4E43E5E52E58