Mark Carney’s Fireside Chat, or a Brief History of Forward Guidance
For someone relatively new to elected politics, Mark Carney has developed a habit of leaning into his pre-political past. When Carney unfurled his middle-power response to the geopolitical upheaval fronted by Donald Trump’s weaponized presidency, he didn’t do it at the Canadian Club, the United Nations, or Chatham House. He delivered his code-cracking economic GPS from the annual gathering of...