Odyssean Forward Guidance in Monetary Policy: A Primer

Jeffrey Campbell

Economic Perspectives, 2013, issue Q IV, 130-138

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 (search for similar items in EconPapers)
JEL-codes: E52 (search for similar items in EconPapers)
Date: 2013
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