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Philip N Jefferson: Navigating economic shocks - a monetary policymaker's perspective - Bank for International Settlements
3+ hour, 20+ min ago (786+ words) Speech by Mr Philip N Jefferson, Vice Chair of the Board of Governors of the Federal Reserve System, at the Stanford Institute for Economic Policy Research, Stanford University, Stanford, California, 16 July 2026. Thank you for the kind introduction. I am delighted…...
Evolving approaches to monetary policy communication in the face of uncertainty: fan charts, scenarios and guidance - Bank for International Settlements
4+ mon, 2+ week ago (1252+ words) JEL classification: D81, E17, E58 Central banks have deployed a range of communication tools to address these different aspects of uncertainty. The tools have distinct benefits and drawbacks, because each is generally best suited to address certain forms of uncertainty (Table 1). To describe…...