1. Publications
  2. A. Schipke, M. Rodlauer, L. Zhang (Hrsg.), The Future of China's Bond Market. Washington, D.C.: International Monetary Fund, 2019

Monetary Policy Communication: Frameworks and Market Impact

Bond markets are an important conduit of monetary policy signals to the economy. Reforms that improve the functioning of bond markets will hence facilitate macroeconomic management effectiveness. Here communication plays an increasingly important role. Good monetary policy communication is not only important to improve the effectiveness of monetary policy in the first place, but by reducing uncertainty it makes bond markets more attractive for investors, further improving monetary transmission.

13. March 2019

Authors Michael McMahon Alfred Schipke Xiang Li

See Publication

Keywords

China Chinese economy bonds bond market financial markets monetary policies

Whom to contact

For Researchers

Professor Xiang Li, PhD
Professor Xiang Li, PhD
Economist

If you have any further questions please contact me.

+49 345 7753-805 Request per E-Mail

For Journalists

Dr Wolfgang Sender
Dr Wolfgang Sender
Head of Public Relations

If you have any further questions please contact me.

+49 345 7753-720 Request per E-Mail
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