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Karl Elvin & Ľuboš Halvoň

Hawkish or Dovish? How Central Bank Language Shapes Market Expectations

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Hawkish or Dovish? How Central Bank Language Shapes Market Expectations

25.06.2026 / Context Central bank communication has become one of the most influential tools of modern monetary policy. Beyond adjusting interest rates, institutions such as the Federal Reserve (FED) and the European Central Bank (ECB) actively shape market expectations through policy statements, forward guidance, and public communication. Following the COVID-19 pandemic, financial
Karl Elvin & Ľuboš Halvoň / 3 min
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