20 August 2013 - forward guidance

Jay Scott : Daily Whale : archive : 2013 : 20 August 2013

It’s simple state-contingent threshold-based forward guidance, there’s nothing to get confused about.

clue:

From the Bank of England’s explanation of what it intends to do in the future. Short version: It depends.

“In London, we are all Canadians now.” — Howard Davies