Communications Breakdown

In the brave new world, the shaping of market expectations by central banks is key to effective monetary policy. Unfortunately, communications skills have been found wanting…
Mark Carney drops jobs link with interest rates,Financial Times, 12 Feb 2014
Mark Carney admits forward guidance must ‘evolve’, Daily Telegraph, 24 Jan 2014
What is the point of UK forward guidance? Financial Times, 13 Nov 2013
Forward guidance: Latest fad confuses rather than clarifies, Financial Times, 10 Oct 2013
Forward guidance in a sentence, Chris Giles, Financial Times, 2 Oct 2013
Buiter on forward guidance, Financial Times, 27 Sep 2013
BoE hits back at forward guidance critics, Financial Times, 24 Sep 2013
Forward misguidance, Gavyn Davies, FT blog, 22 Sep 2013
Central banks struggle to get their message across, Financial Times, 15 Sep 2013