Economics A Level (DONEEEEEEE): What was the Forward Guidance Scheme?

Question

What was the Forward Guidance Scheme?

eric_galvao · Accepted Answer

-Central Bank announcing keeping the Base Rate at a Certain Level for a Certain Time or Economic Climate
-This made Firms and Consumers plan Borrowing and Spending without % Rates changing

Economics A Level (DONEEEEEEE)

What was the Forward Guidance Scheme?

-Central Bank announcing keeping the Base Rate at a Certain Level for a Certain Time or Economic Climate -This made Firms and Consumers plan Borrowing and Spending without % Rates changing

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