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Efficient-Sport-6673 OP t1_it3atlv wrote

For those not economically inclined: Fed funds rate is the target interest rate for fed. When you hear the news saying fed is raising rates. they mean fed funds rate. Fed funds rate is the US interbank overnight rate. Taylor rule is a mathematical rule stating what the interest rate should be in order to reach the targeted inflation rate.

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dml997 t1_it46drh wrote

Can you please provide more info on the Taylor rule? I wasn't able to find it on fred.

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Efficient-Sport-6673 OP t1_it46zdh wrote

It's not something that is published, you have to calculate taylor rate yourself from inflation and output data. Those data can be found on Fred database. You can find the exact taylor rule on Wikipedia.

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