The Optimal Reentry to a Monetary Policy Strategy1 John B. Taylor Department of Economics and Hoover Institution Stanford Univer
The Optimal Reentry to a Monetary Policy Strategy1 John B. Taylor Department of Economics and Hoover Institution Stanford Univer
![Jens Nærvig Pedersen on X: "Monetary policy has become highly discretionary. Historically, a Taylor rule has done fairly well in predicting Fed Funds, but now #Fed lags the Taylor rule predicted Fed Jens Nærvig Pedersen on X: "Monetary policy has become highly discretionary. Historically, a Taylor rule has done fairly well in predicting Fed Funds, but now #Fed lags the Taylor rule predicted Fed](https://pbs.twimg.com/media/FUFk5ojXEAA1RpN.png)