Explaining market reactions to Carney’s forward guidance

Goodhart, C. (2013). Explaining market reactions to Carney’s forward guidance.

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Last week saw the introduction of ‘forward guidance’ by the Bank of England’s governor, Mark Carney. Charles Goodhart evaluates the new policy, arguing that markets are signalling their belief in the success of current stimulatory measures in helping to bring about an economic recovery with legs.

Item Type	Online resource
Copyright holders	© 2013 The Author(s) CC BY-NC-ND 3.0
Departments	LSE
Date Deposited	08 May 2017
URI	https://researchonline.lse.ac.uk/id/eprint/75978

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Goodhart, Charles

HB Economic Theory
HJ Public Finance
JF Political institutions (General)
JN101 Great Britain

http://blogs.lse.ac.uk/politicsandpolicy/labour-and-unite/http://blogs.lse.ac.uk/politicsandpolicy/market-reactions-to-carneys-forward-guidance/ (Publisher)
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Explaining market reactions to Carney’s forward guidance

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