Journal Article
Odyssean Forward Guidance in Monetary Policy: A Primer
Abstract: This article shows how central bank forward guidance can improve macroeconomic outcomes by altering current expectations of future inflation and output.
Keywords: FOMC; monetary policy;
JEL Classification: E52;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 2013
Issue: Q IV
Pages: 130-138