10 Friday AM Reads
My end-of-week morning reads: • Current Issues in Forward Guidance: “Broader communication about reaction function remains essential as long as it is conditional, disciplined, and uncertainty aware. Risks should be clearly spelled out. Central banks may still seek to influence the yield curve, but communication should emphasize the contingencies under which the path would change rather… Read More…
We haven't written up this one. The Big Picture has the full story — the link below goes straight to it.