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FACTBOX: Forward Guidance and Central Banks

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FACTBOX: Forward Guidance and Central Banks
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Hello markets! Welcome to the age of "Forward Guidance" Fed sparks market turbulence by floating its QE exit plan Market turmoil forced ECB and BoE to give forward guidance for the first time The ECB now says rates will stay at record lows for "extended period" and could fall further ECB's Joerg Asmussen tells Reuters the pledge was good for "beyond" 12 months The BoE gives forward guidance on forward guidance: More details in August Central bank guidance has come a long way...moreless
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