Unit 2: Monetary policy and forward guidance

Great clips from the BBC explaining how this forward guidance on interest rates should boost the economy

http://www.bbc.co.uk/news/business-23598143#
http://www.bbc.co.uk/news/business-23608721#

The question is, will it? Why might it not?

....and more from Sky

http://news.sky.com/story/1125586/borrowers-boost-interest-rates-tied-to-jobs

.......and this great summary from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/uk-economy-carney-provides-forward-guidance-on-interest-rates

...and these explanations from the BBC

http://www.bbc.co.uk/news/business-23145755
http://www.bbc.co.uk/news/business-23599464#
http://www.bbc.co.uk/news/business-23588958