Odyssean Forward Guidance in Monetary Policy: A Primer

This article shows how central bank forward guidance can improve macroeconomic outcomes by altering current expectations of future inflation and output.

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Year of publication:	2013
Authors:	Campbell, Jeffrey R.
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 2013, Q IV, p. 130-138
Publisher:	Federal Reserve Bank of Chicago
Subject:	FOMC \| monetary policy

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Extent:	application/pdf
Type of publication:	Article
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	RePEc - Research Papers in Economics

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