Fomc’s Forward Guidance Has Caused More Problems Than It Has Solved: Jim Bianco

The Federal Reserve's post-GFC forward guidance structures have caused significant damage and should be eliminated or radically overhauled, said Jim Bianco, president and founder of Bianco Research. Forward guidance, he said, has caused more damage âthan the problems it ha

The Federal Reserve’s post-GFC forward guidance structures have caused significant damage and should be eliminated or radically overhauled, said Jim Bianco, president and founder of Bianco Research.

Forward guidance, he said, has caused more damage âthan the problems it has solved.”

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