Question

What is interest rate targeting , explain using the concept of taylor rule?

Answer 1

Answer:

Hello Friends ❤ ❤

Explanation:

The taylor rule is an interest rate forecasting model invented by buy famed economist John Taylor in 1992 and outlined in his 1993 study this creation various policies rules in practice it suggest how central bank should change interested to account for inflation and other economic condition

I hope my answer will help you dear❤ ❤