20 August 2013 - forward guidance

< yesterday -- tomorrow >

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

give me a clue so sweet and true

the Daily Whale || copyright 2013, 2024 Jay J.P. Scott <jay@satirist.org>