Monthly Archives: October 2013

  [Title amended to copy Noah Smith’s catchier tweet of this post] I am just back from a conference on uncertainty hosted by the Federal Reserve Bank of Dallas.  John Taylor spoke over lunch about what he thought the causes … Continue reading →

Recently the Fed was criticised for talking about tapering and then, when it saw how much the yield curve and asset prices reacted, backing off.  The UK’s Monetary Policy Committee has likewise been criticised as somehow messing up forward guidance … Continue reading →