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Forward guidance 101A: a roadmap of the U.S. experience

Author

Listed:
  • Silvio Contessi
  • Li Li

Abstract

Forward guidance consists of communicating to the public the stance of monetary policy that is expected to prevail in the future.

Suggested Citation

  • Silvio Contessi & Li Li, 2013. "Forward guidance 101A: a roadmap of the U.S. experience," Economic Synopses, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedles:y:2013:n:25
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    References listed on IDEAS

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    1. Silvio Contessi & Li Li, 2013. "Forward guidance 101B: a roadmap of the international experience," Economic Synopses, Federal Reserve Bank of St. Louis.
    2. Clemens J. M. Kool & Daniel L. Thornton, 2015. "How Effective Is Central Bank Forward Guidance?," Review, Federal Reserve Bank of St. Louis, vol. 97(4), pages 303-322.
    3. Woodford, Michael, 2013. "Forward Guidance by Inflation-Targeting Central Banks," CEPR Discussion Papers 9722, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Silvio Contessi & Li Li, 2013. "Forward guidance 101B: a roadmap of the international experience," Economic Synopses, Federal Reserve Bank of St. Louis.
    2. Kedan, Danielle & Stuart, Rebecca, 2014. "Central Bank Communications: A Comparative Study," Quarterly Bulletin Articles, Central Bank of Ireland, pages 89-104, April.
    3. Hughes Hallett Andrew & Nicola Acocella, "undated". "Stabilization and expanded commitment: a theory of forward guidance for economies with rational expectations," Working Papers 132/14, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    4. Silvio Contessi & Pierangelo De Pace & Li Li, 2014. "An international perspective on the recent behavior of inflation," Review, Federal Reserve Bank of St. Louis, vol. 96(3), pages 267-294.
    5. Cole, Stephen J. & Martínez-García, Enrique, 2023. "The effect of central bank credibility on forward guidance in an estimated New Keynesian model," Macroeconomic Dynamics, Cambridge University Press, vol. 27(2), pages 532-570, March.

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