Forward Guidance

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What is 'forward guidance'? How does the Federal Reserve use it to manage market expectations?
Updated At
9/17/2025
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At Jackson Hole, the 'wording' and 'underlying message' of central bankers' speeches are often as crucial as the content itself. How do they manage market expectations through 'forward guidance'? What risks could a failed communication entail?
Updated At
9/17/2025