It is also possible that the public information contains noise or the precision of public information is significantly lower than the private information 3 . Nobody would recommend broadcasting Monetary Policy Meeting discussions. 14.
But undoubtedly the Eurosystem’s determined response contributed to overcoming the economic fallout of the pandemic. 3 Conclusion Another achievement, and one that brings us to the subject matter of our conference, has been the establishment of a High-Level Task Force on Central Bank Digital Currency.