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Calibrating central bank inflation messages is key to policy success

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  • Antonella Tutino

Abstract

A well-crafted message about the current and future state of the economy can influence the private sector’s expectations and guide behavior to ensure that the economy remains strong and prices stable even amid threatening supply-and-demand shocks.

Suggested Citation

  • Antonella Tutino, 2023. "Calibrating central bank inflation messages is key to policy success," Dallas Fed Economics 95907, Federal Reserve Bank of Dallas.
    • Handle: RePEc:fip:d00001:95907
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    File URL: https://www.dallasfed.org/research/economics/2023/0328
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