Mark Carney's arrival as Governor, and his well publicised support for the policy of 'forward guidance', has had markets guessing whether he will be able to sway other Monetary Policy Committee (MPC) members to pursue this in the UK.
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Why forward guidance could be a step backward
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Mark Carney's arrival as Governor, and his well publicised support for the policy of 'forward guidance', has had markets guessing whether he will be able to sway other Monetary Policy Committee (MPC) members to pursue this in the UK.