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Isblomsterne brænder In economics, a Taylor rule is a reduced form approximation of the responsiveness of the nominal interest rate, as set by the central bank, to changes in inflation, output, or other economic conditions.In particular, the rule describes how, for each one-percent increase in inflation, the central bank tends to raise the nominal interest rate by more than one percentage point. My First Dinosaur Board Book (My First series) Inflation rates vary from year to year and from currency to currency. Since 1950, the U.S. dollar inflation rate, as measured by the December-to-December change in the U.S. Consumer Price Index (CPI), has ranged from a low of −0.7 percent (1954) to a high of 13.3 percent (1979). Fix Your Social Security with Real Estate listen Employment, Output and Inflation audiobook Speaking Peace: Connecting with Others Through Nonviolent Communica... Kids Have All the Answers... And All the Drawings, Too! 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