Fed transcripts reveal origins of modern forward guidance

fed

The transcripts from the US Federal Open Market Committee's (FOMC) 2008 meetings offer insight into the origins of modern forward guidance, not only at the Federal Reserve but at numerous other central banks across the globe.

Forward guidance is currently in vogue. Beyond the Fed, the Bank of Canada, Bank of England, European Central Bank (ECB) and even the National Bank of Rwanda are among those to experiment with statements about the expected path of interest rates.

It is not, however, a new

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.