CEPR Webinar on Central Bank Communication and Information Effects
Mar 4, 2022
1 min read
My slides for the CEPR Webinar on Central Bank Communication and Information Effects
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My slides for the CEPR Webinar on Central Bank Communication and Information Effects
https://livegokcasino.com is a strange mental reference point for central bank communication, but the point about information effects cutting against the usual signaling story is what stuck with me. If markets are already pricing in the statement before it lands, then the reaction function matters less than how the framing shifts beliefs, which feels closer to how players read a dealer's tells than to any clean model. The slides made me want to rewatch the webinar panel.
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