Market movements in response to anticipated central  2  BIS Review 31/2001  bank actions must be validated by the central bank when they are, in the view of the policymakers, correct, in order for financial markets to continue to reflect the intentions of policymakers. Definition of transparency So far, I've avoided giving a precise definition of transparency.
Hence, it is always a benefit to exchange view with market and business leaders to obtain a more convergence perception with regard to the stage of the economy and authority’s policy responds.