Based on data from 30 MPC meetings conducted between October 2016 and August 2021, this article shows that the statement tone and other communication characteristics have differed between external and internal members, with change of RBI governor seemingly having a greater influence on the statements of external members.

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  • NUCB Business School
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  • Frankfurt School of Finance and Management
  • BOLOGNA BUSINESS SCHOOL
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  • Universite Bordeaux
  • Ipag
  • University of HUDDERSFIELD
  • AJMAN UNIVERSITY
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