Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang
Forward Guidance
00:00
The Advantages and Disadvantages of Yield Curve Control
Yield curve control is a more elegant way of doing quantitative easing. Japan has done it, as you mentioned, Australia has experimented with it. But there are some side effects for this; maybe it don't work. The downside is, of course, you no longer have any free market signals.
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