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How much will the interest rate rise? Inflation, the Fed and the Taylor Rule by John Taylor

 

John B. Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution. He is widely recognized for path-breaking research in macroeconomics, monetary economics, and international economics. He served as senior economist on the President′s Council of Economic Advisers from 1976-77, as a Member of the Council from 1989-91, and as Under Secretary of Treasury for International Affairs from 2001-05. He is a former President of the Mont Pelerin Society and recently served on the Eminent Persons Group on Global Financial Governance created by the G20. He received the Alexander Hamilton Award and the Treasury Distinguished Service Award at the US Treasury, and the Medal of the Republic of Uruguay for his work in resolving the 2002 financial crisis. His book Global Financial Warriors chronicles his policy innovations at the U.S. Treasury. He received the Truman Medal for Economic Policy for extraordinary policy contributions, the Bradley Prize for economic research and policy achievements, the Hayek Prize for his book, First Principles, and Adam Smith Awards from the National Association for Business Economics and the Association of Private Enterprise Education. His most recent books are Choose Economic Freedom: Enduring Policy Lessons from the 1970s and 1980s(with George P. Shultz) and Reform of the International Monetary System. Taylor received Stanford′s Hoagland Prize and Rhodes Prize for excellence in undergraduate teaching and the Economics Department Distinguished Faculty Teaching Award. Taylor received a BA in economics summa cum laude from Princeton and a PhD in economics from Stanford. #interestrates #giantsteps #inflation ☆ WKF | http://www.wkforum.org/WKF/2021/kr/ ☆ Facebook | https://www.facebook.com/WorldKnowledgeForum/ ☆ Instagram | https://www.instagram.com/worldknowledgeforum/ ☆ Youtube│https://www.youtube.com/wkforum