Lagarde Says Yearlong ECB Review to Look at ‘Host of Issues’

The video discusses a comprehensive communication strategy that involves delivering, measuring, and using tools effectively. It emphasizes the importance of listening to stakeholders to understand economic concerns and deliver on them. The strategy will involve researchers, economists, and academics, with events planned for 2020. The approach will differ from the Fed's by considering the diverse languages of 19 Member States, involving national central banks as active participants.

What is the significance of listening in the context of the Fed's organization?

In what ways will the communication strategy differ due to the diversity of languages among Member States?