Nigeria: IMF Tasks Central Banks to Be Explicit On Risks, Commuinicate Effectively On How Policy Responds to Changing Conditions

Nigeria: IMF Tasks Central Banks to Be Explicit On Risks, Commuinicate Effectively On How Policy Responds to Changing Conditions

Abuja -- Given the high degree of uncertainty globally, the International Monetary Fund (IMF) has tasked central banks to be explicit about risks, with the goal of reflecting the degree of underlying macroeconomic uncertainty accurately.

IMF | Rethinking Central Bank Communications in an Uncertain World | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources

Blog | In a world of frequent shocks, central bank communications should anchor expectations by explaining how policy responds to changing conditions, rather than committing to a fixed path. In a world of frequent and faster-moving shocks, where uncertainty is high and markets react instantly, central banks face a fundamental communications challenge: how to help the public understand monetary policy objectives while explaining how policy may ev…

IMF Tasks Central Banks to be Explicit on Risks, Commuinicate Effectively on How Policy Responds to Changing Conditions

Given the high degree of uncertainty globally, the International Monetary Fund (IMF) has tasked central banks to be explicit about risks, with the goal of reflecting the degree of underlying macroeconomic uncertainty accurately.The multilateral lender said in a world of frequent shocks, central bank communications should anchor expectations by explaining how policy responds to changing conditions, rather than committing to a fixed path.In a new …