我国央行沟通及效应分析

20世纪90年代中期以来，我国央行采取了一系列措施提高货币政策透明度，加强与公众的交流与沟通，取得了如下较好的政策效应：央行的政策目标偏好被公众所了解，有助于稳定公众通货膨胀预期；增强了公众对货币政策的理解与支持；增强了政策的可预测性；提高了央行的威信。不过，由于央行沟通还不够充分。其沟通应有的政策效应并未充分发挥出来，所以有必要进一步改善央行的沟通，以有效引导公众与市场预期，增强政策的有效性。

Analysis of Effects on Central -bank Communication in China

The people＇s bank of china （PBC） have taken measures to improve transparency in monetary policy since 1995, with more and more communication between the central bank and the public, the some positive effects have developed, the policy target preference of PBC is known by the public, it is conductive to keep the stability of the public inflation anticipation, it is helpful for the public to increase understanding and support monetary policy, it can improve the predictable of monetary policy by the public and establish good reputation for PBC. since it is not enough for central - bank communication, the positive effects of the communication have not developod completely, so it is necessary to improve central - bank communication, to guide the public anticipation and strength effectiveness of monetary policy.