adverb Also, forwards. 1. toward or at a place, point, or time in advance; onward; ahead: to move forward; from this day forward; to look forward. 2. toward the front: Let’s move forward so we can hear better. 3. into view or consideration; out; forth: He brought forward several good suggestions. 4. toward the bow or front of a vessel or aircraft. 5. ahead guid·ance [pronounced: gahyd-ns] noun 1. the act or function of guiding; leadership; direction. 2. advice or counseling, especially that provided for students choosing a course of study or preparing for a vocation. 3. supervised care or assistance, especially therapeutic help in the treatment of minor emotional disturbances. 4. something that guides. 5. the process by which the flight of a missile or rocket may be altered in speed and direction in response to controls situated either wholly in the projectile or partly at a base. Forward Guidance is this season’s must have accessory. Adopted by central bankers all over the world, FG (let’s call it by an acronym as finance is full of them), is all the rage. And yet like so many fashions (harem pants, ponchos, juicy tracksuits, UGG boots, jeggings) in retrospect it will be dammed. History has been unkind to many must-have-it-fads, FG is likely to experience the same.
Posted on: Sat, 24 Aug 2013 20:34:10 +0000
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