Mexico's monetary policy communication and money markets

Central bank communication is becoming a key aspect of monetary policy. How much financial markets listen and, possibly, understand Banco de MexicoâEUR(TM)s communication on its monetary policy stance should be a key consideration for the central bank to further modernize its monetary policy toolkit...

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Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Authors Garcia-Herrero, Alicia, Girardin, Eric, Arnoldo Lopez Marmolejo
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2015
Subjects
Money markets
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Summary:Central bank communication is becoming a key aspect of monetary policy. How much financial markets listen and, possibly, understand Banco de MexicoâEUR(TM)s communication on its monetary policy stance should be a key consideration for the central bank to further modernize its monetary policy toolkit