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3 - Reliable Partners

from II - Communication

Published online by Cambridge University Press:  14 November 2024

By
Ben Broadbent
Edited by
Sean Holly ,
Michael McMahon ,
Stephen Millard  and
Anna Watson
Sean Holly
Affiliation:
University of Cambridge
Michael McMahon
Affiliation:
University of Oxford
Stephen Millard
Affiliation:
National Institute of Economic and Social Research
Anna Watson
Affiliation:
University of Cambridge
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Summary

This chapter is about the communication of monetary policy, and specifically the role of “forward guidance”. This is taken to mean statements by monetary authorities about future policy.

Keywords

Central bank independenceForward GuidanceCredibility
Type
Chapter
Information
Reflections on Monetary Policy after 25 Years of the MPC , pp. 25 - 48
Publisher: Cambridge University Press
Print publication year: 2024

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References

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