Forward guidance refers to central banks telling the public what future monetary policy will be. engaging in monetary policy to offset the negative side-effects of the government's fiscal policies. setting long-term interest rates. simultaneously reducing unemployment and inflation.
Forward guidance refers to central banks telling the public what future monetary policy will be. engaging in monetary policy to offset the negative side-effects of the government's fiscal policies. setting long-term interest rates. simultaneously reducing unemployment and inflation.
Chapter26: Monetary Policy
Section: Chapter Questions
Problem 1SQ
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Forward guidance refers to central banks
telling the public what future |
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engaging in monetary policy to offset the negative side-effects of the government's fiscal policies. |
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setting long-term interest rates. |
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simultaneously reducing |
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