Features of hedging strategies performed by the Federal Reserve Chair in press conferences
This study examined the pragmatic functions of hedging strategies used by the Federal Reserve System (Fed) Chair during press conferences. The Fed’s significant influence on U.S. monetary policy and global financial markets makes its communication methods crucial yet linguistically underexplored. Th...
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| Format: | Article |
| Language: | English |
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Academy Publication
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/117264/ http://psasir.upm.edu.my/id/eprint/117264/1/117264.pdf |
| _version_ | 1848867201773207552 |
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| author | Deng, Zhujun Mohamad Ali, Afida Mohd Zin, Zaid |
| author_facet | Deng, Zhujun Mohamad Ali, Afida Mohd Zin, Zaid |
| author_sort | Deng, Zhujun |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This study examined the pragmatic functions of hedging strategies used by the Federal Reserve System (Fed) Chair during press conferences. The Fed’s significant influence on U.S. monetary policy and global financial markets makes its communication methods crucial yet linguistically underexplored. This study employed a mixed-methods approach to examine the frequency and types of hedges, their situational usage, and pragmatic functions. The findings revealed a notable use of approximators and shields to adapt to the complexities of financial communication, with adaptors and plausibility shields being the most common. The Fed Chair employed hedging strategies to address sensitive economic issues, uncertain policies, and matters affecting financial markets and public perception. These hedging strategies were used to mitigate potential criticism, enhance flexibility, soften the tone, maintain credibility, ensure effective information delivery, and improve politeness. The study contributed to the understanding of linguistic hedging strategies in financial communication and underscored the strategic use of language in economic policy-making and financial stability. |
| first_indexed | 2025-11-15T14:32:44Z |
| format | Article |
| id | upm-117264 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:32:44Z |
| publishDate | 2024 |
| publisher | Academy Publication |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1172642025-05-08T04:19:44Z http://psasir.upm.edu.my/id/eprint/117264/ Features of hedging strategies performed by the Federal Reserve Chair in press conferences Deng, Zhujun Mohamad Ali, Afida Mohd Zin, Zaid This study examined the pragmatic functions of hedging strategies used by the Federal Reserve System (Fed) Chair during press conferences. The Fed’s significant influence on U.S. monetary policy and global financial markets makes its communication methods crucial yet linguistically underexplored. This study employed a mixed-methods approach to examine the frequency and types of hedges, their situational usage, and pragmatic functions. The findings revealed a notable use of approximators and shields to adapt to the complexities of financial communication, with adaptors and plausibility shields being the most common. The Fed Chair employed hedging strategies to address sensitive economic issues, uncertain policies, and matters affecting financial markets and public perception. These hedging strategies were used to mitigate potential criticism, enhance flexibility, soften the tone, maintain credibility, ensure effective information delivery, and improve politeness. The study contributed to the understanding of linguistic hedging strategies in financial communication and underscored the strategic use of language in economic policy-making and financial stability. Academy Publication 2024-11-12 Article PeerReviewed text en cc_by_4 http://psasir.upm.edu.my/id/eprint/117264/1/117264.pdf Deng, Zhujun and Mohamad Ali, Afida and Mohd Zin, Zaid (2024) Features of hedging strategies performed by the Federal Reserve Chair in press conferences. Theory and Practice in Language Studies, 14 (11). pp. 3483-3495. ISSN 1799-2591 https://tpls.academypublication.com/index.php/tpls/article/view/9057 10.17507/tpls.1411.17 |
| spellingShingle | Deng, Zhujun Mohamad Ali, Afida Mohd Zin, Zaid Features of hedging strategies performed by the Federal Reserve Chair in press conferences |
| title | Features of hedging strategies performed by the Federal Reserve Chair in press conferences |
| title_full | Features of hedging strategies performed by the Federal Reserve Chair in press conferences |
| title_fullStr | Features of hedging strategies performed by the Federal Reserve Chair in press conferences |
| title_full_unstemmed | Features of hedging strategies performed by the Federal Reserve Chair in press conferences |
| title_short | Features of hedging strategies performed by the Federal Reserve Chair in press conferences |
| title_sort | features of hedging strategies performed by the federal reserve chair in press conferences |
| url | http://psasir.upm.edu.my/id/eprint/117264/ http://psasir.upm.edu.my/id/eprint/117264/ http://psasir.upm.edu.my/id/eprint/117264/ http://psasir.upm.edu.my/id/eprint/117264/1/117264.pdf |