Today, most central banks announce their policy actions:

Question

Quizplus · Accepted Answer

Most central banks announce their policy actions almost immediately after the decision is made. This is to ensure transparency and provide guidance to financial markets and the public. Waiting one year or more would be too long and could create uncertainty and confusion. A window of 3 to 5 years is also too broad and would not provide timely information. Six months after the policy is put in place could be too late to affect the economy effectively.

Today, Most Central Banks Announce Their Policy Actions