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The forward guidance trap (Working Paper)

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 /  ___|| | || | ||  |  _ \\   |  ___||  /_   _//  \ \\/ // 
| // __   | || | ||  | |_| ||  | ||__      | ||     \ ` //  
| \\_\ || | \\_/ ||  | .  //   | ||__     _| ||      | ||   
 \____//   \____//   |_|\_\\   |_____||  /__//       |_||   
  `---`     `---`    `-` --`   `-----`   `--`        `-`'   
                                                            
 


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