Credibility of optimal forward guidance at the interest rate lower bound
T Nakata - 2015 - ideas.repec.org
2015•ideas.repec.org
… Market participants and other analysts generally expect that the federal funds rate will
rise from its effective lower bound (ELB) later this year. However, the ELB could again
become a binding constraint on monetary policy in the future. … Uncertain forward guidance,"
Bank of England working papers 654, Bank of England. … Optimal quantitative easing,"
Bank of England working papers 678, Bank of England. …
rise from its effective lower bound (ELB) later this year. However, the ELB could again
become a binding constraint on monetary policy in the future. … Uncertain forward guidance,"
Bank of England working papers 654, Bank of England. … Optimal quantitative easing,"
Bank of England working papers 678, Bank of England. …
Market participants and other analysts generally expect that the federal funds rate will rise from its effective lower bound (ELB) later this year. However, the ELB could again become a binding constraint on monetary policy in the future.
ideas.repec.org
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