In general, periods in which the Taylor rule suggested tighter monetary policy than the Fed actually put in place are periods of rising inflation.Periods in which the Taylor rule suggested that monetary policy should be easier than the Fed actually put in place are periods of declining inflation.Describe a recent exception to these results.

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The Answer of In general, periods in which the Taylor rule suggested tighter monetary policy than the Fed actually put in place are periods of rising inflation.Periods in which the Taylor rule suggested that monetary policy should be easier than the Fed actually put in place are periods of declining inflation.Describe a recent exception to these results.

In General, Periods in Which the Taylor Rule Suggested Tighter