Taylor Rule

2022年4月12日

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%.

2022年4月12日

發行說明

Updated

2022年4月12日

發行說明

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

2022年4月12日

發行說明

Moving Average

2022年11月11日

發行說明

Now works on all timeframes