Can Forward Guidance Influence Market Expectations? - Text Mining Approach

2017 ◽  
Author(s):  
Shintaro Suda ◽  
Ryo Ito ◽  
Kiyoshi Izumi
2018 ◽  
Vol 108 ◽  
pp. 572-577 ◽  
Author(s):  
Stephen Morris ◽  
Hyun Song Shin

Central banks use forward guidance to steer market expectations of future monetary policy moves. At the same time, they rely on market prices to gauge the likely path of the economy and the appropriate stance of monetary policy. This twoway flow between market prices and forward guidance can create a circularity. Market signals may be rendered less informative when the central bank heeds market signals in formulating forward guidance, as those market signals reflect the diminished weight placed by market participants on their private signals.


2013 ◽  
Author(s):  
Ronald N. Kostoff ◽  
◽  
Henry A. Buchtel ◽  
John Andrews ◽  
Kirstin M. Pfiel

2020 ◽  
Vol 42 (5) ◽  
pp. 279-307
Author(s):  
Yonglim Joe
Keyword(s):  

2019 ◽  
Vol 19 (2) ◽  
pp. 29-38
Author(s):  
Young-Hee Kim ◽  
◽  
Taek-Hyun Lee ◽  
Jong-Myoung Kim ◽  
Won-Hyung Park ◽  
...  

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