David Papell is a professor of economics at the University of Houston and has published widely on monetary policy rules. David joins Macro Musings to talk about his recent paper, *Policy Rules and Forward Guidance Following the COVID-19 Recession,* as well as the origins, past uses, and current applications of monetary policy rules. Transcript for this week's episode. David's Twitter: @DavidPapell David's University of Houston portal David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings Join the Macro Musings mailing list! Check out our new Macro Musings merch! Related Links: *The Fed Approaches the End of the Rate Hiking Cycle* by David Papell and Ruxandra Prodan *Policy Rules and Forward Guidance Following the COVID-19 Recession* by David Papell and Ruxandra Prodan *Policy Rule Legislation in Practice* by Alex Nikolsko-Rzhevskyy, David Papell, and Ruxandra Prodan *Policy Rules and Economic Performance* by Alex Nikolsko-Rzhevskyy, David Papell, and Ruxandra Prodan

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“What did the council decide on item 42?” — answered with the speaker and the moment.