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Prof. Nakamura on the Taylor Rule

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Edited by Alfred Anate Bodurin Mayaki, Sunday 31 August 2025 at 11:59

This academic research paper by Prof. Nakamura presents, in an extended empirical manner, an argument explaining how the Fed and other policymakers have used Taylor's interest rate rule in an overly prescriptive way (as I have argued here) to curb the post-COVID rise in inflation faced by many economies.

Good looking out, Bloomberg's Odd Lots podcast.

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