Central Bank Policy

Posted by Robert Levy - Border Gold Corp.

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Michael Woodford is a professor at Columbia University. He is the leading academic in terms of his contributions to the field of Monetary Policy, and his work is considered one of the foremost influences on the world’s central bankers today. His policy recommendations like forward guidance (promising low rates until seeing improving prospects of economic growth) provide a basis for how investors postion themselves in financial markets today. 

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