Michael Uhrich

@econtime.bsky.social

47 Followers 16 Following

Founder & Chief Economist at Seventh Point Analytic Consulting. I mostly write stuff about economics for non-economists. Formerly EconBeer and EconSteel on that other site.

The same graph as shown in the previous tweet, only it's overlaid with arrows showing movement towards lower economic growth and higher inflation, possibly resulting in the exact same monetary policy rate we have now.

A graph showing the appropriate Federal Funds Rate under the Taylor Rule at varying expected rates of inflation and economic growth. The graph shows that the FFR should be directly proportionate to both expected inflation and expected economic growth.