Have FSRs got news for you?

Rhiannon Sowerbutts, Vesko Karadotchev, Richard Harris and Evarist Stoja

While communication has been recognised as an important aspect of monetary policy for over three decades and received an enormous amount of attention in the academic literature, there has been almost no attention paid to the importance and effects of financial stability communication. In a new working paper we examine financial markets’ reaction to the Financial Stability Report.

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