新华丝路网是一带一路综合信息服务平台,丝绸之路经济带和21世纪海上丝绸之路的权威网站

一带一路国家级信息服务平台

新华丝路4.0版,更懂你

新华丝路首页 > 智库报告 > 免费报告

美联储沟通的目的与质量

2016-11-29 09:55 布鲁金斯学会

摘要:在民主社会,开放对维持央行独立性必不可少。不过,美联储常因不清晰和不透明遭受批评,无疑美联储的听众经常感到困惑。与会的学者、前美联储官员、华尔街美联储观察人士、报道美联储动向的媒体人士将分析美联储沟通的目的与质量。

美联储,声明

原文标题:Understanding Fedspeak

中文摘要:“美联储沟通的目的与质量”研讨会,布鲁金斯学会哈钦斯财政和货币政策中心于11月30日举办。最近,美联储扩充了沟通措施,包括联邦公开市场委员会(FOMC)每次会议后发布一份声明、主席按季召开新闻发布会、FOMC各成员按季发布经济和利率走向预期。其他央行基本也是如此,它们认为:在公众和金融市场理解央行想法的情况下,货币政策会更有效;在民主社会,开放对维持央行独立性必不可少。不过,美联储常因不清晰和不透明遭受批评,无疑美联储的听众经常感到困惑。与会的学者、前美联储官员、华尔街美联储观察人士、报道美联储动向的媒体人士将分析美联储沟通的目的与质量。(编译:刘小云)

原文:

Wednesday, Nov 30, 2016 9:15 AM - 12:45 PM EST

Brookings Institution

Falk Auditorium

1775 Massachusetts Avenue N.W.

Washington, DC

20036

Central bank communications have evolved substantially since Sir Montagu Norman, the governor of the Bank of England from 1921-1944, reportedly took as his personal motto, “Never explain, never excuse.” More recently, in the U.S., the Federal Reserve has expanded its communications to include a statement after every meeting of the Federal Open Market Committee (FOMC), quarterly press conferences by the chair, and quarterly projections of the economy and the path of interest rates by each member of the FOMC.

Other central banks have done much the same, believing that monetary policy is more effective when the public and financial markets understand the central bank’s thinking and that openness is essential to preserving central bank independence in democratic societies. Yet the Fed is often criticized for being unclear and opaque, and there is no doubt that the Fed’s audiences are often confused.

On November 30, the Hutchins Center on Fiscal and Monetary Policy and the Center for Financial Economics at Johns Hopkins will examine the purpose and quality of Fed communications from the perspectives of academics, former Fed officials, Wall Street Fed watchers, and those in the press who cover the Fed. What is and what should be the goal of Fed communications? What does it do well? Not so well?

Agenda

Paper

Jon Faust

Director, Center for Financial Economics and Louis J. Maccini Professor of Economics - Johns Hopkins University

Alan Blinder

Visiting Fellow - Economic Studies

Listening to the Fed

Moderator

Louise Sheiner

Senior Fellow - Economic Studies

Policy Director - The Hutchins Center on Fiscal and Monetary Policy

Ben S. Bernanke

Distinguished Fellow in Residence - Economic Studies

Tim Duy

Blogger

Senior Director, Oregon Economic Forum and Professor of Practice, Department of Economics - University of Oregon

Ylan Q. Mui

Reporter - Washington Post

What does Wall Street want?

Moderator

David Wessel

Director - The Hutchins Center on Fiscal and Monetary Policy

Senior Fellow - Economic Studies

Julia Coronado

Chief Economist - Graham Capital Management, L.P

Roberto Perli

Partner - Cornerstone Macro

Vincent Reinhart

Chief Economist - Standish Mellon Asset Management

Peter Hooper

Managing Director, Chief Economist - Deutsche Bank Securities

The View from the Fed

Moderator

Donald Kohn

Senior Fellow - Economic Studies

Jerome H. Powell

Governor - The Federal Reserve Board

责任编辑:刘小云

相关阅读 美联储 FED 沟通措施

精彩视频

新华丝路数据库

推荐阅读
热点文章