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Fed credibility enhanced when public finds policymakers relatable

Author

Abstract

University of Chicago Booth School associate professor Michael Weber explains how audiences are especially receptive to monetary policy messaging delivered by Fed officials whose ethnic or gender background is similar to theirs and outlines the broader implications of such enhanced credibility.

Suggested Citation

  • Pia M. Orrenius, 2023. "Fed credibility enhanced when public finds policymakers relatable," Southwest Economy, Federal Reserve Bank of Dallas, December.
    • Handle: RePEc:fip:feddse:97378
    Note: On the record: A conversation with Michael Weber. Audio file from the Southwest Economy Podcast conversation with Michael Weber, "The messenger affects who listens to your message."
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    Download full text from publisher

    File URL: https://www.dallasfed.org/research/swe/2023/swe2311
    File Function: Full text and audio file
    Download Restriction: no
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