Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 24 Jan 2018 My Price 3.00

Fixed Formula for Monetary Policy

Should the Fed Adopt a Fixed Formula for Monetary Policy? Some economists suggest that the Fed should follow an explicit rule or formula for monetary policy. For example, the rule would specify how interest rates would change based on changes in real GDP and inflation. Only with a fixed rule, these economists argue, would the public really understand the Fed s future intentions for policy. What are some of the disadvantages of adopting an explicit rule or formula?

 
 

Answers

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Status NEW Posted 24 Jan 2018 10:01 PM My Price 3.00

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