Blowing Smoke: The Fed's Evolving Communication Strategy
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- Synopsis
- In the past, central bank communication could be described as "blowing smoke": the bankers were purposefully ambiguous about their policy actions and economic forecasts. Starting in the late 1980s, however, a decline in political attacks on central banks made it easier for central bankers to be open about what they were attempting to do. Open communication with the public encouraged greater trust in the central bank.
- Copyright:
- 2008
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.