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A comment on The Federal Reserve is expected to increase interest rates by a quarter point. Parent comment
https://en.wikipedia.org/wiki/Neutral_rate_of_interest (also known as r*)
Naturally I have taken a few liberties with the theory - inflation +/- r* would be the correct rate for the economy. As a quick calculation, it wouldnt be unfair to say interest rate == inflation is a balanced monetary policy.
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https://en.wikipedia.org/wiki/Neutral_rate_of_interest (also known as r*)
Naturally I have taken a few liberties with the theory - inflation +/- r* would be the correct rate for the economy. As a quick calculation, it wouldnt be unfair to say interest rate == inflation is a balanced monetary policy.