This is because communication is critical to the Reserve Bank’s success, with its actions and its communications symbiotic. In my speech today I will outline why clear communication of our policy thinking is so important, and the forces that shape the way we communicate. I will also discuss how our approach to communication has evolved, and the tools we use to reach our audiences.
We will also continue to practice what we preach by showing how Central Banks’ reserves can be invested in more sustainable and responsible ways and we are looking further into how climate risks affect our monetary policy. Yet we cannot do this alone.