Since the introduction of forward guidance for policy rates, the survey results show that an increasing number of market participants consider that interest rates will remain low (Chart 5). This indicates the effectiveness of such guidance. B. Securing Effective Policy Measures The second challenge in maintaining accommodative financial conditions for a long time is to secure highly sustainable policy measures.
In addition to setting targets, the FSB is leading multiple elements of the roadmap, advancing those building blocks that are more exploratory in nature, for example, the soundness of global stablecoin arrangements.