BOE's Bailey: I'm quite skeptical about forward guidance
I am quite skeptical about forward guidance and trying to guide market expectationsForward guidance tends to overstay its welcomePolicymakers leaned hard into forward guidance in the pandemic and were forced into an embarrassing climb-down. This article was written by Adam Button at www.forexlive.com.
- I am quite skeptical about forward guidance and trying to guide market expectations
- Forward guidance tends to overstay its welcome
Policymakers leaned hard into forward guidance in the pandemic and were forced into an embarrassing climb-down.
