The Federal Reserve once kept a tight lid on the information it disseminated about monetary policy, so much so that observers would pay close attention to the bulk of former Fed chair Alan Greenspan’s briefcase for insights. But more recent US central bankers have made an effort to bring transparency to communications on the economy and monetary policy. Professors Peter Conti-Brown and Brian D. Feinstein explore the intersection of the Fed’s new communication posture and its Twitter engagement in this fascinating report.
About the Authors
Peter Conti-Brown and Brian D. Feinstein are assistant professors at the University of Pennsylvania.