Lars Rohde: Danish monetary policy and communication

Speech by Mr Lars Rohde, Governor of the National Bank of Denmark, at the 2017 ECB Central Bank Communications Conference "Communications challenges for policy effectiveness, accountability and reputation", Frankfurt am Main, 15 November 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
17 November 2017

Ladies and gentlemen,

First let me thank you for inviting me to speak at this conference. It is a special pleasure to have this chance to share views and experiences on a matter close to my heart - namely Danish monetary policy and communi-cation.

Slide 2: Never explain - never apologize

"Never explain - never apologize": It has been said that it was the motto of the Bank of England from 1920 to 1944 when the bank was led by Governor Norman.