Author: Michael Radkay
Publisher: John Wiley & Sons
ISBN: 111823698X
Category : Business & Economics
Languages : en
Pages : 169
Book Description
Inside a unique system that allows you to identify and trade key turning points in the forex market The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones. The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table. Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders Discusses how to use a variety of indicators to identify support and resistance areas Reveals strategies employed to profit from market swings The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.
The RDS Forex System
Author: Michael Radkay
Publisher: John Wiley & Sons
ISBN: 111823698X
Category : Business & Economics
Languages : en
Pages : 169
Book Description
Inside a unique system that allows you to identify and trade key turning points in the forex market The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones. The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table. Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders Discusses how to use a variety of indicators to identify support and resistance areas Reveals strategies employed to profit from market swings The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.
Publisher: John Wiley & Sons
ISBN: 111823698X
Category : Business & Economics
Languages : en
Pages : 169
Book Description
Inside a unique system that allows you to identify and trade key turning points in the forex market The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones. The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table. Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders Discusses how to use a variety of indicators to identify support and resistance areas Reveals strategies employed to profit from market swings The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.
The RDS Forex System
Author: Michael Radkay
Publisher: John Wiley & Sons
ISBN: 1118223667
Category : Business & Economics
Languages : en
Pages : 240
Book Description
Inside a unique system that allows you to identify and trade key turning points in the forex market The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones. The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table. Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders Discusses how to use a variety of indicators to identify support and resistance areas Reveals strategies employed to profit from market swings The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.
Publisher: John Wiley & Sons
ISBN: 1118223667
Category : Business & Economics
Languages : en
Pages : 240
Book Description
Inside a unique system that allows you to identify and trade key turning points in the forex market The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones. The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table. Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders Discusses how to use a variety of indicators to identify support and resistance areas Reveals strategies employed to profit from market swings The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.
Ace the AWS Solutions Architect Associates SAA-C03 Certification Exam
Author: Etienne Noumen
Publisher: Etienne Noumen
ISBN:
Category : Computers
Languages : en
Pages : 247
Book Description
Unlock unparalleled technical depth with this book, expertly integrating the proven methodologies of Tutorials Dojo, the insights of Adrian Cantrill, and the hands-on approach of AWS Skills Builder. Unlock success with 'Ace the AWS Solutions Architect Associates SAA-C03 Certification Exam' by Etienne Noumen. With over 20 years in Software Engineering and a deep 5-year dive into AWS Cloud, Noumen delivers an unmatched guide packed with Quizzes, Flashcards, Practice Exams, and invaluable CheatSheets. Learn firsthand from testimonials of triumphs and recoveries, and master the exam with exclusive tips and tricks. This comprehensive roadmap is your ultimate ticket to acing the SAA-C03 exam! There are 3 reasons to strengthen your cloud skills: 1- Cloud roles pay well. The average base salary for a Solutions Architect in the U.S. is $140,000. 2- Cloud skills are in demand. Cloud computing has been one of the most in-demand hard skills for 7 years running. 3- Learning cloud can get you a raise. The average raise received by IT pros who gained new skills and/or certifications is $15 – 30K. AWS certification is globally recognized as the premier way to demonstrate your AWS cloud skills. The AWS Certified Solutions Architect – Associate Level (SAA-C03) exam validates your ability to effectively demonstrate knowledge of how to architect and deploy secure and robust applications on AWS technologies. It is a required exam for the AWS Certified Solutions Architect – Professional Level certification. In order to prepare for this exam, We suggest purchasing our AWS Certified Solutions Architect – Associate Level Exam Preparation eBook. This AWS Cloud Solutions Architect Associates Certification App covers all of the key concepts you need to know for the AWS Solutions Architect Associate Exam. Solution architecture is a practice of defining and describing an architecture of a system delivered in context of a specific solution and as such it may encompass description of an entire system or only its specific parts. Definition of a solution architecture is typically led by a solution architect. The AWS Certified Solutions Architect - Associate (SAA, SAA-C03) exam is intended for individuals who perform in a solutions architect role. The exam validates a candidate's ability to use AWS technologies to design solutions based on the AWS Well-Architected Framework including: Design solutions that incorporate AWS services to meet current business requirements and future projected needs Design architectures that are secure, resilient, high-performing, and cost-optimized Review existing solutions and determine improvements Become stronger in your current role or prepare to step into a new one by continuing to build the cloud solutions architecture skills companies are begging for right now. Demand for cloud solutions architect proficiency is only set to increase, so you can expect to see enormous ROI on any cloud learning efforts you embark on. What will you learn in this book? Design Secure Architectures Design Resilient Architectures Design High-Performing Architectures Design Cost-Optimized Architectures What are the requirements or prerequisites for reading this book? The target candidate should have at least 1 year of hands-on experience designing cloud solutions that use AWS services Who is this book for? IT Professionals, Solutions Architect, Cloud enthusiasts, Computer Science and Engineering Students, AWS Cloud Developer, Technology Manager and Executives, IT Project Managers What is taught in this book? AWS Certification Preparation for Solutions Architecture – Associate Level Key tools, technologies, and concepts covered • Compute • Cost management • Database • Disaster recovery • High performance • Management and governance • Microservices and component decoupling • Migration and data transfer • Networking, connectivity, and content delivery • Resiliency • Security • Serverless and event-driven design principles • Storage Some New AWS services covered: AWS Data Exchange, AWS Data Pipeline, AWS Lake Formation, Amazon Managed Streaming for Apache Kafka, Amazon AppFlow, AWS Outposts, VMware Cloud on AWS, AWS Wavelength, Amazon Neptune, Amazon Quantum Ledger Database, Amazon Timestream, AWS Amplify, Amazon Comprehend, Amazon Forecast, Amazon Fraud Detector, Amazon Kendra, AWS License Manager, Amazon Managed Grafana, Amazon Managed Service for Prometheus, AWS Proton, Amazon Elastic Transcoder, Amazon Kinesis Video Streams, AWS Application Discovery Service, AWS WAF Serverless, AWS AppSync, etc. Table of contents: Design Secure Architectures – Description Design Secure Architectures - Cheat Sheets Design Secure Architectures - Flashcards Design Secure Architectures – Illustrations Design Secure Architectures – Quiz Design Resilient Architectures – Quiz Design High-Performing Architectures – Description Design High-Performing Architectures - Cheat Sheets Design High-Performing Architectures- Illustrations Design High-Performing Architectures - Quiz Design Cost-Optimized Architectures – Description Design Cost-Optimized Architectures - Cheat Sheets Design Cost-Optimized Architectures: Illustrations Design Cost-Optimized Architectures – Quiz Top 50 AWS Recommended Security Best Practices AWS SAA FAQs Practice Exam – 69 Questions & Answers Passed AWS SAA-C03 Testimonials AWS Networking – ENI vs EFA vs ENA What are the top 10 tips and tricks to do to Ace the 2023 AWS Certified Solutions Architect SAA-C03 Exam? An Insightful Overview of SAA-C03 Exam Topics Encountered Reflecting on My SAA-C03 Exam Journey: From Setback to Success Mobile App Version of the AWS Solutions Architect Associates SAA-C03 Certification Exam Prep Book: Android: https://play.google.com/store/apps/details?id=com.awssolutionarchitectassociateexampreppro.app iOs: https://apps.apple.com/ca/app/solution-architect-assoc-pro/id1501465417 Windows 10/11: https://www.microsoft.com/en-ca/store/p/aws-cert-solution-architect-associate-prep-pro/9pcn58wdr1qr Keywords: AWS Solutions Architect SAA-C03 Certification Etienne Noumen AWS Cloud expertise Practice Exams AWS Flashcards AWS CheatSheets Testimonials Exam preparation AWS exam tips Cloud Engineering Certification guide AWS study guide Solutions Architect Associates Exam success strategies The book contains several testimonials like the one below: Successfully cleared the AWS Solutions Architect Associate SAA-C03 with a score of 824, surpassing my expectations. The exam presented a mix of question difficulties, with prominent topics being Kinesis, Lakeformation, Big Data tools, and S3. Given the declining cybersecurity job market in Europe post-2021, I'm contemplating a transition to cloud engineering. For preparation, I leveraged Stephane Mareek's course, Tutorialdojo's practice tests, and flashcards. My manager also shared his AWS skill builder account. Post evaluation, I found Mareek's practice tests to be outdated and more challenging than required, with his course delving too deeply into some areas. In contrast, Tutorialdojo's materials were simpler. My scores ranged from 65% on Mareek's tests to 75-80% on Tutorialdojo, with a 740 on the official AWS practice test. Sharing this for those on a similar journey. Get your copy now and clear the exam at your first attempt.
Publisher: Etienne Noumen
ISBN:
Category : Computers
Languages : en
Pages : 247
Book Description
Unlock unparalleled technical depth with this book, expertly integrating the proven methodologies of Tutorials Dojo, the insights of Adrian Cantrill, and the hands-on approach of AWS Skills Builder. Unlock success with 'Ace the AWS Solutions Architect Associates SAA-C03 Certification Exam' by Etienne Noumen. With over 20 years in Software Engineering and a deep 5-year dive into AWS Cloud, Noumen delivers an unmatched guide packed with Quizzes, Flashcards, Practice Exams, and invaluable CheatSheets. Learn firsthand from testimonials of triumphs and recoveries, and master the exam with exclusive tips and tricks. This comprehensive roadmap is your ultimate ticket to acing the SAA-C03 exam! There are 3 reasons to strengthen your cloud skills: 1- Cloud roles pay well. The average base salary for a Solutions Architect in the U.S. is $140,000. 2- Cloud skills are in demand. Cloud computing has been one of the most in-demand hard skills for 7 years running. 3- Learning cloud can get you a raise. The average raise received by IT pros who gained new skills and/or certifications is $15 – 30K. AWS certification is globally recognized as the premier way to demonstrate your AWS cloud skills. The AWS Certified Solutions Architect – Associate Level (SAA-C03) exam validates your ability to effectively demonstrate knowledge of how to architect and deploy secure and robust applications on AWS technologies. It is a required exam for the AWS Certified Solutions Architect – Professional Level certification. In order to prepare for this exam, We suggest purchasing our AWS Certified Solutions Architect – Associate Level Exam Preparation eBook. This AWS Cloud Solutions Architect Associates Certification App covers all of the key concepts you need to know for the AWS Solutions Architect Associate Exam. Solution architecture is a practice of defining and describing an architecture of a system delivered in context of a specific solution and as such it may encompass description of an entire system or only its specific parts. Definition of a solution architecture is typically led by a solution architect. The AWS Certified Solutions Architect - Associate (SAA, SAA-C03) exam is intended for individuals who perform in a solutions architect role. The exam validates a candidate's ability to use AWS technologies to design solutions based on the AWS Well-Architected Framework including: Design solutions that incorporate AWS services to meet current business requirements and future projected needs Design architectures that are secure, resilient, high-performing, and cost-optimized Review existing solutions and determine improvements Become stronger in your current role or prepare to step into a new one by continuing to build the cloud solutions architecture skills companies are begging for right now. Demand for cloud solutions architect proficiency is only set to increase, so you can expect to see enormous ROI on any cloud learning efforts you embark on. What will you learn in this book? Design Secure Architectures Design Resilient Architectures Design High-Performing Architectures Design Cost-Optimized Architectures What are the requirements or prerequisites for reading this book? The target candidate should have at least 1 year of hands-on experience designing cloud solutions that use AWS services Who is this book for? IT Professionals, Solutions Architect, Cloud enthusiasts, Computer Science and Engineering Students, AWS Cloud Developer, Technology Manager and Executives, IT Project Managers What is taught in this book? AWS Certification Preparation for Solutions Architecture – Associate Level Key tools, technologies, and concepts covered • Compute • Cost management • Database • Disaster recovery • High performance • Management and governance • Microservices and component decoupling • Migration and data transfer • Networking, connectivity, and content delivery • Resiliency • Security • Serverless and event-driven design principles • Storage Some New AWS services covered: AWS Data Exchange, AWS Data Pipeline, AWS Lake Formation, Amazon Managed Streaming for Apache Kafka, Amazon AppFlow, AWS Outposts, VMware Cloud on AWS, AWS Wavelength, Amazon Neptune, Amazon Quantum Ledger Database, Amazon Timestream, AWS Amplify, Amazon Comprehend, Amazon Forecast, Amazon Fraud Detector, Amazon Kendra, AWS License Manager, Amazon Managed Grafana, Amazon Managed Service for Prometheus, AWS Proton, Amazon Elastic Transcoder, Amazon Kinesis Video Streams, AWS Application Discovery Service, AWS WAF Serverless, AWS AppSync, etc. Table of contents: Design Secure Architectures – Description Design Secure Architectures - Cheat Sheets Design Secure Architectures - Flashcards Design Secure Architectures – Illustrations Design Secure Architectures – Quiz Design Resilient Architectures – Quiz Design High-Performing Architectures – Description Design High-Performing Architectures - Cheat Sheets Design High-Performing Architectures- Illustrations Design High-Performing Architectures - Quiz Design Cost-Optimized Architectures – Description Design Cost-Optimized Architectures - Cheat Sheets Design Cost-Optimized Architectures: Illustrations Design Cost-Optimized Architectures – Quiz Top 50 AWS Recommended Security Best Practices AWS SAA FAQs Practice Exam – 69 Questions & Answers Passed AWS SAA-C03 Testimonials AWS Networking – ENI vs EFA vs ENA What are the top 10 tips and tricks to do to Ace the 2023 AWS Certified Solutions Architect SAA-C03 Exam? An Insightful Overview of SAA-C03 Exam Topics Encountered Reflecting on My SAA-C03 Exam Journey: From Setback to Success Mobile App Version of the AWS Solutions Architect Associates SAA-C03 Certification Exam Prep Book: Android: https://play.google.com/store/apps/details?id=com.awssolutionarchitectassociateexampreppro.app iOs: https://apps.apple.com/ca/app/solution-architect-assoc-pro/id1501465417 Windows 10/11: https://www.microsoft.com/en-ca/store/p/aws-cert-solution-architect-associate-prep-pro/9pcn58wdr1qr Keywords: AWS Solutions Architect SAA-C03 Certification Etienne Noumen AWS Cloud expertise Practice Exams AWS Flashcards AWS CheatSheets Testimonials Exam preparation AWS exam tips Cloud Engineering Certification guide AWS study guide Solutions Architect Associates Exam success strategies The book contains several testimonials like the one below: Successfully cleared the AWS Solutions Architect Associate SAA-C03 with a score of 824, surpassing my expectations. The exam presented a mix of question difficulties, with prominent topics being Kinesis, Lakeformation, Big Data tools, and S3. Given the declining cybersecurity job market in Europe post-2021, I'm contemplating a transition to cloud engineering. For preparation, I leveraged Stephane Mareek's course, Tutorialdojo's practice tests, and flashcards. My manager also shared his AWS skill builder account. Post evaluation, I found Mareek's practice tests to be outdated and more challenging than required, with his course delving too deeply into some areas. In contrast, Tutorialdojo's materials were simpler. My scores ranged from 65% on Mareek's tests to 75-80% on Tutorialdojo, with a 740 on the official AWS practice test. Sharing this for those on a similar journey. Get your copy now and clear the exam at your first attempt.
Technical Analysis of Stocks and Commodities
Author:
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 1338
Book Description
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 1338
Book Description
Intermarket Trading Strategies
Author: Markos Katsanos
Publisher: John Wiley & Sons
ISBN: 1119995906
Category : Business & Economics
Languages : en
Pages : 428
Book Description
This book shows traders how to use Intermarket Analysis to forecast future equity, index and commodity price movements. It introduces custom indicators and Intermarket based systems using basic mathematical and statistical principles to help traders develop and design Intermarket trading systems appropriate for long term, intermediate, short term and day trading. The metastock code for all systems is included and the testing method is described thoroughly. All systems are back tested using at least 200 bars of historical data and compared using various profitability and drawdown metrics.
Publisher: John Wiley & Sons
ISBN: 1119995906
Category : Business & Economics
Languages : en
Pages : 428
Book Description
This book shows traders how to use Intermarket Analysis to forecast future equity, index and commodity price movements. It introduces custom indicators and Intermarket based systems using basic mathematical and statistical principles to help traders develop and design Intermarket trading systems appropriate for long term, intermediate, short term and day trading. The metastock code for all systems is included and the testing method is described thoroughly. All systems are back tested using at least 200 bars of historical data and compared using various profitability and drawdown metrics.
Financial Stability Review
Understanding Price Action
Author: Bob Volman
Publisher:
ISBN: 9789082278606
Category : Speculation
Languages : en
Pages : 0
Book Description
Understanding Price Action is a must read for both the aspiring and professional trader who seek to obtain a deeper understanding of what is commonly referred to as "trading from the naked chart". With hundreds of examples commented on in great detail, Volman convincingly points out that only a handful of price action principles are responsible for the bulk of fluctuations in any market session-and that it takes common sense, much more than mastery, to put these essentials to one's benefit in the trading game. The power of the book lies in the exceptional transparency with which the concepts and trading techniques are put forth. Besides offering the reader a comprehensive study on price action mechanics, included within is a series of six months of consecutive sessions of the eur/usd 5-minute. Containing nearly 400 fully annotated charts, this section alone harbors a massive database of intraday analysis, not found in any other trading guide. Written with a razor-sharp eye for practical detail, yet in a highly absorbable manner, Understanding Price Action breathes quality from every page and is bound to become a classic in the library of any trader who is serious about his education.
Publisher:
ISBN: 9789082278606
Category : Speculation
Languages : en
Pages : 0
Book Description
Understanding Price Action is a must read for both the aspiring and professional trader who seek to obtain a deeper understanding of what is commonly referred to as "trading from the naked chart". With hundreds of examples commented on in great detail, Volman convincingly points out that only a handful of price action principles are responsible for the bulk of fluctuations in any market session-and that it takes common sense, much more than mastery, to put these essentials to one's benefit in the trading game. The power of the book lies in the exceptional transparency with which the concepts and trading techniques are put forth. Besides offering the reader a comprehensive study on price action mechanics, included within is a series of six months of consecutive sessions of the eur/usd 5-minute. Containing nearly 400 fully annotated charts, this section alone harbors a massive database of intraday analysis, not found in any other trading guide. Written with a razor-sharp eye for practical detail, yet in a highly absorbable manner, Understanding Price Action breathes quality from every page and is bound to become a classic in the library of any trader who is serious about his education.
Correlation Risk Modeling and Management
Author: Gunter Meissner
Publisher: John Wiley & Sons
ISBN: 1118796896
Category : Business & Economics
Languages : en
Pages : 268
Book Description
A thorough guide to correlation risk and its growing importance in global financial markets Ideal for anyone studying for CFA, PRMIA, CAIA, or other certifications, Correlation Risk Modeling and Management is the first rigorous guide to the topic of correlation risk. A relatively overlooked type of risk until it caused major unexpected losses during the financial crisis of 2007 through 2009, correlation risk has become a major focus of the risk management departments in major financial institutions, particularly since Basel III specifically addressed correlation risk with new regulations. This offers a rigorous explanation of the topic, revealing new and updated approaches to modelling and risk managing correlation risk. Offers comprehensive coverage of a topic of increasing importance in the financial world Includes the Basel III correlation framework Features interactive models in Excel/VBA, an accompanying website with further materials, and problems and questions at the end of each chapter
Publisher: John Wiley & Sons
ISBN: 1118796896
Category : Business & Economics
Languages : en
Pages : 268
Book Description
A thorough guide to correlation risk and its growing importance in global financial markets Ideal for anyone studying for CFA, PRMIA, CAIA, or other certifications, Correlation Risk Modeling and Management is the first rigorous guide to the topic of correlation risk. A relatively overlooked type of risk until it caused major unexpected losses during the financial crisis of 2007 through 2009, correlation risk has become a major focus of the risk management departments in major financial institutions, particularly since Basel III specifically addressed correlation risk with new regulations. This offers a rigorous explanation of the topic, revealing new and updated approaches to modelling and risk managing correlation risk. Offers comprehensive coverage of a topic of increasing importance in the financial world Includes the Basel III correlation framework Features interactive models in Excel/VBA, an accompanying website with further materials, and problems and questions at the end of each chapter
Oilfield Review
How Do Central Banks Talk?
Author: Alan S. Blinder
Publisher: Centre for Economic Policy Research
ISBN: 9781898128601
Category : Business & Economics
Languages : en
Pages : 150
Book Description
Not long ago, secrecy was the byword in central banking circles, but now the unmistakable trend is towards greater openness and transparency. This, the third Geneva Report on the World Economy, describes and evaluates some of the changes in how central banks talk to the markets, to the press, and to the public. The report first assesses the case for transparency ? defined as providing sufficient information for the public to understand the policy regime ? and concludes that it is very strong, based on both policy effectiveness and democratic accountability. It then examines what should be the content of communication and argues that central banks ought to spell out their long-run objectives and methods. It then investigates the link between the decision-making process and central bank communication, drawing a distinction between individualistic and collegial committees. The report concludes with a review of the communications strategies of some of the main central banks.
Publisher: Centre for Economic Policy Research
ISBN: 9781898128601
Category : Business & Economics
Languages : en
Pages : 150
Book Description
Not long ago, secrecy was the byword in central banking circles, but now the unmistakable trend is towards greater openness and transparency. This, the third Geneva Report on the World Economy, describes and evaluates some of the changes in how central banks talk to the markets, to the press, and to the public. The report first assesses the case for transparency ? defined as providing sufficient information for the public to understand the policy regime ? and concludes that it is very strong, based on both policy effectiveness and democratic accountability. It then examines what should be the content of communication and argues that central banks ought to spell out their long-run objectives and methods. It then investigates the link between the decision-making process and central bank communication, drawing a distinction between individualistic and collegial committees. The report concludes with a review of the communications strategies of some of the main central banks.