Fed credibility enhanced when public finds policymakers relatable

Pia Orrenius

Southwest Economy, 2023

Abstract: University of Chicago Booth School associate professor Michael Weber explains how audiences are especially receptive to monetary policy messaging delivered by Fed officials whose ethnic or gender background is similar to theirs and outlines the broader implications of such enhanced credibility.

Keywords: monetary policy; financial stability; financial education (search for similar items in EconPapers)
Date: 2023
Note: On the record: A conversation with Michael Weber. Audio file from the Southwest Economy Podcast conversation with Michael Weber, "The messenger affects who listens to your message."
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