Skip to main content

2006, No. 6
Posted 2006-03-01

“Measured Pace” in the Conduct of Monetary Policy


That the FOMC may find it difficult, and consequently unadvisable, to signal the next policy action does not prevent the Committee from providing “forward guidance”—a statement of the Committee’s thinking based on the information available at the time of the meeting and the Committee’s expectation of what might happen.





Subscribe to our newsletter


Back to Top