Central Banks: Too much forward guidance becoming misleading for markets

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The problem is models used by Central Banks to forecast economic events in the future don’t work, noted David Buik, Senior Market Commentator for Panmure Gordon, when he joined Zak Mir and Mike Ingram on the Tip TV Finance Show to discuss the ineffectiveness of forward guidance from both the Federal Reserve and the Bank of England. Buik outlined that Yellen has been very indecisive, and the track record of forward guidance isn’t very good from the Fed, meaning people are often misled. In the

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