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Macroeconomic Effects of Central Bank Transparency：The Case of Brazil
Macroeconomic Effects Central Bank
2008/11/4
Nowadays there is a tendency for central banks to increase transparency
in the conduct of monetary policy. Central bank transparency
could be defined as the existence of symmetric information
betwe...
The Fed’s Road toward Greater Transparency
The Fed’s Road Monetary Policy Greater Transparency
2008/11/4
The Making of Monetary Policy
Montagu Norman, the governor of the Bank of England from
1921 to 1944, reputedly took as his personal motto, “Never explain,
never excuse.” Norman’s aphorism exemplifi...