One of the big questions that emerged from the minutes of the Federal Open Market Committee’s October meetingwas how the Federal Reserve’s monetary policymaking body could reinforce the forward guidance it offers on the likely future path of short-term interest rates. Current guidance dictates that the central bank will not […]
Since May, when market participants caught wind that the Federal Reserve was seriously contemplating tapering down its quantitative easing program sometime in the (perhaps near) future, the bond market has been a little more volatile than usual. Over the summer, a lot of ideas were thrown around on Wall Street […]
Transparency gets hard in the long run.
Investors think central banks will fail in their forward guidance efforts in the coming weeks and months.
Forward guidance could be an issue.
Bright and early.
Any announcements on forward guidance are expected next week.