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The forward guidance trap (Working Paper)

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


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