FXStreet – The Vice-President of the Federal Reserve, Stanley Fischer, speaks on a panel discussion on the topic of “The structural principles of monetary policy. Hints on the future monetary policy direction he gave to the Reuters news Agency that no.
Monetary policy rules should be drawn to the Council.
The Federal Reserve regularly monitors the Taylor rules, but they should not be automatically transferred.
Sound judgment is required in the event of unexpected structural changes, but additional transparency requirements are needed.
** FXStreet News Editorial, FXStreet**