Films · Nobel Prize in Economics 2026 · Monetary policy
Explainer · Nobel Prize in Economic Sciences 2026
Why a Central Bank’s Words Matter
The end
Why a Central Bank’s Words Matter
Households plan ahead, and firms change their prices only now and then. That is why the policy rate moves the real rate, why a rule that responds more than one for one anchors expectations, and why a credible announcement already works today.
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Series · Episode 4 of 4
Why a Central Bank’s Words Matter
Nobel Prize in Economics 2026 · Monetary policy
An explainer film in four chapters on the 2026 Nobel Prize in Economic Sciences: why households plan ahead, why firms change their prices only now and then, how strongly the central bank should respond to inflation, and why a credible announcement already works today. Pause anywhere and ask.
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