Forward guidance: Difference between revisions
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* [[Central bank]] | * [[Central bank]] | ||
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* [[Monetary Policy Committee]] | |||
* [[Official Bank Rate]] | * [[Official Bank Rate]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 16:40, 24 March 2020
1.
Statements issued by the Bank of England's Monetary Policy Committee (MPC) designed to:
- Help people to "understand how the MPC sets interest rates"
- Thereby help households and businesses to "plan their spending and investment with more confidence".
Forward guidance was first used in 2013.
2.
Similar statements by other central banks.
