Athanasios Orphanides on Real-Time Monetary Rules and their Impact on the Fed’s Framework Review
Macro Musings with David Beckworth
The Role of Benchmark Rules in Monetary Policy Accountability
This chapter emphasizes the significance of benchmark monetary rules and the necessity for transparent justification when deviations occur. It explores historical context, current policy implications, and future expectations regarding the Federal Reserve's approach to monetary policy amid inflation challenges.
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