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Interest rates have jumped, but old rules of monetary policy suggest they still have much further to go

July 21, 2022

Globe and Mail
Interest rates have jumped, but old rules of monetary policy suggest they still have much further to go
Central bankers have shocked stock markets and homebuyers with big interest rate increases over the past few months, but policy-makers are still far behind where they should be in the battle to control inflation, according to some simple rules of monetary policy.

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Interest rates have jumped, but old rules of monetary policy suggest they still have much further to go

Globe and Mail Interest rates have jumped, but old rules of monetary policy suggest they still have much further to go Central bankers have shocked