The monkey in the mirror and other tales of central bank forward guidance

The literature advises central banks to provide forward guidance so as to make themselves predictable to markets. If possible, forward guidance should be Odyssean, in which the central bank commits itself to a clear course of action in the future. Central banks, however, often find themselves defyin...

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Bibliographic Details

Published in:	Philippine Review of Economics Vol. LVI, no. 1 & 2 (Jun. 2019 - Dec. 2019), 16-27
Main Author:	Remolona, Eli M.
Resource Type:	Article
Language:	English
Published:	2019
Subjects:	Banks and banking, Central