Forward guidance: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer, June 2016, p14.) |
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Revision as of 15:09, 17 June 2016
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.
