Economy, asked by karanvirdhimaan, 1 month ago

the taylor rule helps a central bank

Answers

Answered by xoxo369ananya123
2

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The Taylor rule is a formula that can be used to predict or guide how central banks should alter interest rates due to changes in the economy. Taylor's rule recommends that the Federal Reserve should raise interest rates when inflation or GDP growth rates are higher than desired..

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Answered by rahulaarjav
1

Answer:

The Taylor rule is a formula that can be used to predict or guide how central banks should alter interest rates due to changes in the economy. Taylor's rule recommends that the Federal Reserve should raise interest rates when inflation or GDP growth rates are higher than desired.

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