BofA_Liquid Insight The Taylor Rule – you just can’t shake it off_20241010
Key takeaways• With easing cycle in full swing - markets are focused on appropriate pace & quantum of cuts. Rule-based approach may help
应用介绍
Key takeaways
•
With easing cycle in full swing - markets are focused on appropriate pace & quantum
of cuts. Rule-based approach may help
•
Taylor Rule the most famous approach but has drawbacks & one size does not fit all.
Conventional MP enhances framework
•
Know your central banks - rising focus on labour market means traditional inflation
policy rules may not cover all bases.
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