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TIMIRAOS said forward guidance is a central bank statement a

文 / 小金 2026-07-30 13:30:03 来源:亚金网

TIMIRAOS said forward guidance is a central bank statement about actions it plans to take in the future or the circumstances under which it would take an action. He contrasted this with a reaction function — a mapping, exemplified by a Taylor rule — that does not require forecasts and does not itself indicate the future path of the economy or policy; rather it specifies how policy should respond to particular economic conditions, trade-offs or other factors.

 

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