@elerianm@opinion The Fed must rethink its comms practices. Pressers rarely generate good outcomes. Greenspan's "briefcase look" was remarkably successful.
An objective of policies is to be a stabilizer and not an amplifier of volatility that undermines economic wellbeing, not just at home but also beyond.
As such, this communication failure aggravates the impact of the #Fed's other policy errors (of analysis, forecast, and action).
@ABC Jet Blue is way ahead of the DOJ. Compare Garland’s grim presser with CEO Robin Hayes’ jolly demeanor on CBS more than 24 hours earlier. Law suit won’t win in court of public opinion. https://t.co/ADf9ymPGaw
PR experts agree that #NorfolkSouthern’s initial response to the Feb. 3 train derailment in #EastPalestineOH was slow-footed, tentative and, overall, wholly inadequate to the magnitude of the situation -- Pen Pendleton & Brian Cattell, @CLPStrategies https://t.co/3Tl6KLIwNL
Yes, but: As the spotlight on Norfolk Southern intensified, the company failed to adequately address the tough questions required to regain control of the narrative and reestablish trust.
https://t.co/L72egTNzDa
Read 👇🏻
So excited to be in the #axioscommunicators newsletter because I read it religiously every week & always find great insights & advice. Hope some of what I shared is useful to other comms folks!
“like any good conman, SBF told us a story we wanted to hear and were eager to believe.” How the media fell for SBF's deceptions | Fortune #crypto#defi#financialcomms#hype https://t.co/TKpjG4wnq1
Here's one reason we don't want to go back to the office. @EmilyRPeck and plenty of reporters know what rude looks like. #corporateculture
https://t.co/bu3OKV0F4f
Company cultures and business reputations suffer deeply from job cuts as @scottros observes: once a firm has gone through a round of layoffs, it becomes effectively impossible to persuade employees that anything matters beyond the bottom line.
https://t.co/NrPwTdY4Zx
Long overdue, indeed. Good for markets. Dealer messages crucial. All about liquidity.
Startup to disrupt Latin America's $60 billion bond market for local debt and swaps. https://t.co/jXSnCHcMXy via @markets