The Taylor rule is a valuable predictive tool for setting the Fed fund rate targets. Despite its limitations, such as the zero-bound, it helps policymakers adjust interest rates to inflation and economic growth changes.
Gold was a popular medium of exchange in the past, and it was super effective as a store of value. Although many things have changed, financial analysts and investors are still interested in the gold standard.
Quantitative easing (QE) is a rather unconventional monetary policy implemented by central banks, like the Federal Reserve, in an attempt to boost the economy. Learn what quantitative easing is, how it works, how it affects inflation, and how it compares to printing money.