◀ The Principal Blog

Posts tagged ‘ECB’

Is Oz Flirting with Forward Guidance?



The Reserve Bank of Australia must be feeling pressure to provide financial markets with explicit forward guidance on the long-term direction of its interest rate strategy. These days, with central banks all over the world providing markets with forward guidance on rates in an effort to shape…

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I Want to Hold Your Hand: Forward Guidance & the Power of Central Bankers



Oh yeah, I’ll tell you something I think you’ll understand When I say that something I want to hold your hand -          “I Want to Hold Your Hand,” The Beatles Hand-holding is getting to be very popular with the world’s major central banks. Effectively constrained by zero or…

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