Iranian parliamentary speaker Ghalibaf:
Iranian parliamentary speaker Ghalibaf: Straits Taylor Rule: i = r* + π* + 1.5(π−π*) + 0.5(y−y*) + α(SOH−SOH*) + β(BEM−BEM*), α,β > 0 Let’s see if a hike could open SOH or produce a single barrel :) You can’t 25bp a chokepoint and r* isn’t neutral. It’s SOH risk premium, and We set it. Stay unanchored ! (Hmmm ✍️ lol)
The excerpt is quoted from a public Telegram channel, which owns its text.