Economics of Money, Banking and Financial Markets, The, Business School Edition (5th Edition) (What's New in Economics)
Question
Book Icon
Chapter 19, Problem 22Q
To determine

The impact of forward guidance on policy instrument, intermediate targets, and goals.

Concept Introduction:

Forward Guidance − It is essentially the monetary policy tool of the Federal Reserve of the US, the Bank of England, European Central Bank and Bank of Japan. It implies a verbal assurance or verbal statement of what the public of the country can expect from the forthcoming monetary policy. It allows the household, investors, and business to take financial decisions and prevents the market upheaval and fluctuating asset prices.

Blurred answer
Students have asked these similar questions
Don't used hand raiting
What is the impact of population and demographic trends on our society?  How does this continuation of growth impact our project supplies of goods and services?  Be specific in your response.
Please review "Alaska Ranked Choice Voting Implementation" for information to answer , What is the benefit of ranking multiple choices?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:9780190931919
Author:NEWNAN
Publisher:Oxford University Press
Text book image
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Text book image
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Text book image
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Text book image
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education