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ECB Communication with the wider public

Author

Listed:
  • Gardt, Marius
  • Angino, Siria
  • Mee, Simon
  • Glöckler, Gabriel

Abstract

How central banks communicate matters. Communication has become a key instrument to make policy more effective and improve central banks’ transparency and accountability, ultimately helping to build trust among the wider public whom they serve. As part of its recent strategy review, the ECB analysed how its communication, in particular with the wider public, can be improved. This article further complements the findings of the strategy review. The article aims to provide a better understanding of the ECB’s audiences among the wider public, what matters to them, and what happens between the sending and the receiving end of ECB communication. The findings point to possible avenues to make the ECB’s monetary policy communication more effective. JEL Classification: E52, E58

Suggested Citation

  • Gardt, Marius & Angino, Siria & Mee, Simon & Glöckler, Gabriel, 2022. "ECB Communication with the wider public," Economic Bulletin Articles, European Central Bank, vol. 8.
    • Handle: RePEc:ecb:ecbart:2022:0008:2
    Note: 1719946
    as

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    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/articles/2022/html/ecb.ebart202108_02~5c1e5a116d.en.html
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    Citations

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    Cited by:

    1. Ehrmann, Michael & Blinder, Alan & De Haan, Jakob & ,, 2022. "Central Bank Communication with the General Public: Promise or False Hope?," CEPR Discussion Papers 17441, C.E.P.R. Discussion Papers.
    2. Hugo Oriola & Matthieu Picault, 2023. "Opportunistic Political Central Bank Coverage: Does media coverage of ECB's Monetary Policy Impacts German Political Parties' Popularity?," EconomiX Working Papers 2023-30, University of Paris Nanterre, EconomiX.
    3. Linas Jurkšas & Rokas Kaminskas, 2023. "ECB monetary policy communication: does it move euro area yields?," Bank of Lithuania Discussion Paper Series 29, Bank of Lithuania.

    More about this item

    Keywords

    central bank communication; monetary policy; social media; trust;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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