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Lagarde: Communication and monetary policy
We find ourselves in a world marked by substantial volatility. In recent years, a series of unprecedented crises have profoundly affected people and their everyday lives. To steer the economy through these challenging times, policymakers need to manage people’s expectations – not only about inflation, but also about climate policies, geopolitical shifts and many other areas. In this respect, communication plays a vital role in the art of effective policymaking today, and this is especially true for central banks like the ECB. But several changes in the media landscape – from new technologies to the rising tide ... (full story)
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*ECB’s Lagarde: ECB Will Achieve a Timely Return of Inflation to 2%
— *seven (@sevenloI) September 4, 2023
*ECB’s Lagarde: Euro Area in Environment of Too-High Inflation
*ECB’s Lagarde: We Must Communicate Effectively to Anchor Expectations