When the Fed keeps the fed funds rate near what the Taylor Rule prescribes, the economy has flourished.

Name: When the Fed keeps the fed funds rate near what the Taylor Rule prescribes, the economy has flourished.
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The Taylor Rule is a formula that the Fed uses to set the fed funds rate. When the Fed keeps the fed funds rate near what the Taylor Rule prescribes, the economy has flourished because the Taylor Rule is designed to keep inflation low and stable, which is conducive to economic growth.

When the Fed Keeps the Fed Funds Rate near What