A 50 Year Retrospective On The Shadow Open Market Committee: Rules Versus Discretion | John Taylor

Hoover Institution · 2024-10-21

A rules-based monetary policy retrospective arguing Taylor-rule guidance could have prevented past errors.

The Federal ReserveSpeechintermediatefederal reserveinflation controlmonetary policypolicy mistakesrules versus discretionshadow open market committeeJohn B. Taylor

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