Spring 2021 - Reassessing Central Bank Independence
R. Lastra and S. Dietz, Communication in Monetary Policy

May 25, 2022
Accountability is a critical corollary of central bank independence. And communication is a necessary component of accountability. A central bank that does not communicate sufficiently with political leaders, markets and the public will not be able to justify its independence from political institutions over time.
More Spring 2021 - Reassessing Central Bank Independence
R. Lastra and S. Dietz, Communication in Monetary Policy