Policy discussion makes up between 5% and 70% of central bank minutes, study finds
Report finds great variation in scope and characteristics of minutes
As the European Central Bank (ECB) grapples with the question of what to include in the "accounts" of its governing council meetings, a Central Bank of Ireland (CBI) study shows there are a great many differences in the scope and characteristics of central bank minutes.
Market participants, unlike the general public, often pour over minutes of central banks' monetary policy meetings in search of clues about future policy moves.
Some central banks make that routine easier than others. While the
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