Central Banks and the Financial Press

McKee, Michael
October 2001
Business Economics;Oct2001, Vol. 36 Issue 4, p71
Academic Journal
The financial press is playing a critical and growing role in communicating central bank policy. The result has been more effective central bank policy and better risk management in financial markets. A critical role of the financial press is to make monetary policy more transparent, enhanced by the increased willingness of many central banks to be more open in their communication. There are, however, areas in which both the financial press and the central banks can be even more effective in communication of monetary policy.


Related Articles

  • DATA APPENDIX.  // Review (00149187);Mar/Apr2008, Vol. 90 Issue 2, p132 

    A variety of terms and monetary values related to articles that appeared in the March/April 2008 issue of "Federal Reserve Bank of St. Louis Review" are presented.

  • Federalism and central bank independence: The politics of German monetary policy,... Lohmann, Susanne // World Politics;Apr98, Vol. 50 Issue 3, p401 

    Focuses on a study which derives the monetary policy outcomes obtained as a function of the degree of central bank independence. Comparison with federal reserve system; Details on a theory of political agency; Information on institutional changes.

  • Lazard's Ryan: Where to invest when inflation is rising. Ryan, Pat // Fundweb;6/13/2013, p4 

    The article presents a blog on monetary policy of central banks around the world.

  • Editorial. Kouretas, Georgios; Papadopoulos, Athanasios // Open Economies Review;Jul2007, Vol. 18 Issue 3, p233 

    The article discusses various reports published within the issue, including the accountability and transparency of a central bank in monetary union, and exchange rates and macroeconomic policy.

  • Waiting for Policy Rules. Haubrich, Joseph G. // Economic Commentary;1/15/2000, p1 

    Calls for the commitment to a monetary policy rule by central banks. Advantages and disadvantages of removing discretion from the central bank and instituting a rule; When to adopt rules; How an uncertainty affects the value of an option; Rules that policymakers has to adopt.

  • Challenges for monetary policy: New and old.  // Bank of England Quarterly Bulletin;Nov99, Vol. 39 Issue 4, p397 

    Focuses on challenges central banks face in a low inflation environment. Objectives of the monetary policy; Inquiries on the transmission mechanism of monetary policy; Need to follow a Taylor rule for monetary policy; Role of central banks as supplier of base money; Implications of changes in...

  • Editor's Introduction. SECCARECCIA, MARIO // International Journal of Political Economy;Summer2008, Vol. 37 Issue 2, p3 

    This article presents an introduction to this issue, which presents a series of articles regarding monetary policy and theory.

  • Can inflation targets help make monetary policy credible? Lane, Timothy D.; Griffiths, Mark // Finance & Development;Dec95, Vol. 32 Issue 4, p20 

    Describes a formal monetary framework based on inflation targeting as an effective way of establishing the credibility of monetary policy of central banks. Transparent framework for monetary policy; Steps in inflation targeting; Issues in implementation; Time horizon; Form of target;...

  • Comments on International Perspectives on the Process of Monetary Policy Formulation. Moskow, Michael // Business Economics;Oct2001, Vol. 36 Issue 4, p50 

    The deliberations of central banks can be compared to those of judicial panels. Both have traditionally deliberated in private. In democracies, the judiciary issues detailed, after-the-fact reasoning behind its decisions. However, until recently, the central bank said little, if anything about...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics