Guidance in example sentence
An alphabet soup of measures has been served up: ZIRP (zero-interest-rate policy);QE (quantitative easing, or purchases of government bonds to reduce long-term rates when short-term policy rates are zero);CE (credit easing, or purchases of private assets aimed at lowering the private sector’s cost of capital); and FG (forward guidance, or the commitment to maintain QE or ZIRP until, say, the unemployment rate reaches a certain target).
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