14  BIS central bankers’ speeches  the unemployment rate from 6 percent with equal weight on both objectives). 12 This appears to prove that the monetary easing policy is consistent with the second objective of forward guidance (or Odyssean guidance). The most recent style, which was adopted in December 2012, has been transformed from a calendar-based to state-contingent one.
But I have seen no evidence that more debt for these same young couples and families is the answer. More supply is. We have a pool of buyers chasing a limited number of properties.