Political Quotes

John B. Taylor: “Central-bank independence is very important, but it doesn't seem to have been enough to prevent these swings towards…”

On the recordJuly 9, 2014
Central-bank independence is very important, but it doesn't seem to have been enough to prevent these swings towards more interventionist discretionary policy compared to a rules-based policy.
Said by
John B. Taylor
South Carolina

Editor's note · Context

John B. Taylor discusses the need for legislation to ensure rules-based monetary policy.

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