How can the long-term bond market help reduce the time-inconsistency problem for monetary policy? Can the foreign

Question:

How can the long-term bond market help reduce the time-inconsistency problem for monetary policy? Can the also perform this role?

Foreign Exchange Market
The foreign exchange market (also known as forex, FX or the currency market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world. Participants are able to buy, sell, exchange and...