Source: wikibot/john-b-taylor
= John B. Taylor
{wiki=John_B._Taylor}
John B. Taylor is an American economist known for his significant contributions to macroeconomics and monetary policy. He is best recognized for the "Taylor Rule," which he proposed in 1993. The Taylor Rule is a formula that suggests how central banks, like the Federal Reserve, should adjust interest rates based on changes in inflation and economic output. It has become an influential guideline for monetary policy.