Central bank Quote by Charles L. Evans
“I think that sharing information about our economies, the way that the central banks do in Basel and other forums, is quite useful. But it's sharing information. It's not coordinating policy. It's not coordinating a single monetary policy.”
About This Quote
Source Speech: Remarks at Federal Reserve Bank of New York Economic Symposium, 2023
Sharing data on central‑bank actions improves transparency and market understanding, but does not equate to joint policy decisions.
In simple terms: Data sharing boosts insight, not policy unity.
Key Takeaway
Promote openness while keeping policy independent.
Themes
transparency
monetary policy
communication
Mood
informative
neutral
Type
analytical
informative
When to use this quote
- financial markets
- academic research
- international coordination
- regulatory reporting
Key Concepts
central banking
information asymmetry
policy independence
Questions to Reflect On
- How does greater data access affect market expectations?
- What limits exist for policy coordination?
A Different Perspective
Data alone cannot resolve divergent economic conditions.
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