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DTSTAMP:20260503T003345Z
DTSTART;VALUE=DATE:20251006
DTEND;VALUE=DATE:20251010
SUMMARY:Monetary policy communication
TRANSP:TRANSPARENT
UID:2025_10_06_monetary_policy_communication_940482
DESCRIPTION:Duration\n\n5 days\n\nApplication deadline\n\n6 July 2025\n\n
 Objective\n\nThere is a broad consensus that transparency and communicat
 ion are crucial for the credibility of a central bank and the effectiven
 ess of monetary policy. To foster credibility\, central banks need to st
 rengthen transparency and adopt a strategic communication approach. This
  should be supported by clear communication objectives\, well-targeted m
 essages for different target audiences and appropriate communication cha
 nnels. This course reviews the meaning and the role of strategic communi
 cation and transparency for central banks and clarifies their importance
  for monetary policy. The general conceptual framework is complemented w
 ith hands-on case studies of central bank communication\, including issu
 es such as target audiences of central banks\, the main channels and too
 ls and specific content of monetary policy communication. Special emphas
 is is put on monetary policy communication in a forward-looking environm
 ent\, as well as internal communication. This includes numerous studies 
 and examples of how modern central banks use communication to achieve th
 eir goal of low and stable inflation. In addition\, issues of financial 
 literacy and education\, and their interactions with monetary policy com
 munication are also covered. The course is highly interactive\, offering
  a mix of presentations\, country practices\, workshops\, and group disc
 ussions.\n\nContent\nCentral bank transparency – meaning and measurement
 \nStrategic communication for central banks: Meaning\, rationale and key
  elements\nStakeholder and target audience analysis for monetary policy 
 communication\nInstruments and channels for monetary policy communicatio
 n: tailoring them to the target audience Content of monetary policy comm
 unication\nMonetary policy communication in a forward-looking environmen
 t\nExternal and internal communication\nFinancial literacy\n\nTarget gro
 up\n\n(i) Junior to mid-level central bank officials working in the comm
 unication department or economics/monetary policy department\, especiall
 y in central banks under or moving towards an inflation targeting regime
 \, and (ii) officials from central banks whose responsibilities require\
 , or who have a strong interest in acquiring\, a thorough understanding 
 of central bank communication.\n\nRegistration at JVI
LOCATION:Joint Vienna Institute\, Mariahilferstrasse 97\, 1060 Vienna\, A
 ustria
CONTACT:Deutsche Bundesbank – CIC\, tzk@bundesbank.de\, +49 69 9566-36605
 
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