Let’s Talk About the Taylor Rule for Monetary Policy
8 min readMar 26, 2021
It has been almost 30 years since the American economist John B. Taylor proposed what has been known as the Taylor rule. The Taylor rule is quoted by news articles especially during the 2020 Corona Virus recession or other periods of economic turmoil. Fund managers and investors want to gauge its guidance on monetary policy. There are also debates by admirable economists concerning how closely the…