Taylor Rule

12 thg 4, 2022

The Taylor rule is a simple formula that John Taylor devised to guide policymakers. It calculates what the federal funds rate should be, as a function of the output gap and current inflation. Here, we measure the output gap as the difference between potential output and real GDP. Inflation is measured by changes in the CPI, and we use a target inflation rate of 2%. We also assume a steady-state real interest rate of 2%.

12 thg 4, 2022

Phát hành các Ghi chú

Updated

12 thg 4, 2022

Phát hành các Ghi chú

Set your chart timeframe to 3 months (quarterly), otherwise the values are completely wrong.

12 thg 4, 2022

Phát hành các Ghi chú

Moving Average

11 thg 11, 2022

Phát hành các Ghi chú

Now works on all timeframes