CORDIS Project
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This research project analyzes the impact of announcements from the European Central Bank and the Federal Reserve on market expectations regarding future monetary policy. It aims to improve understanding of central bank communication and its effects on asset prices and financial markets.
This research project examines and compares the consequences of European Central Bank and Federal Reserve’s decisions and announcements on the whole distribution of financial market expectations about future monetary policy moves.
The value added of this study is two-fold.
First, we contribute to the rapidly expanding literature on central bank communication by shedding further light on asset price reactions to monetary policy: by looking at the whole distribution of market expectations, we can…
UNIVERSITE CATHOLIQUE DE LOUVAIN
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