John Taylor offers way out of downward interest rate spiral

John Taylor
John Taylor

Central banks worldwide may be able to pull out of a downward spiral in interest rates if they return to a more "rule-like" method for setting policy, according to Stanford University professor John Taylor.

In an interview with Central Banking, Taylor sets out his ideas for how central banks pursuing a systematic and transparent approach to policy-making could stabilise the global monetary system.

Taylor says the current situation, with central banks straining to cut rates ever lower, has some

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account