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10 Feb 2014
Flash: Carney to Jettison FG? - BBH
FXStreet (Guatemala) - The Currency Strategy Team and head, Marc Chandler, explained it is simply naïve to think that Carney will jettison forward guidance
(FG).
Key Quotes:
“Central banks have long provided insight into their intentions”.
“Rarely has there been a pre-commitment, but there has often been guidance”.
“This guidance is all the more important in the current context as central banks want to assure households, investors and businesses are confident that officials will not pull away the punch bowl prematurely”.
(FG).
Key Quotes:
“Central banks have long provided insight into their intentions”.
“Rarely has there been a pre-commitment, but there has often been guidance”.
“This guidance is all the more important in the current context as central banks want to assure households, investors and businesses are confident that officials will not pull away the punch bowl prematurely”.