US Monetary Policy - Rules versus Discretion

Fed Keeps Rates Unchanged and Signals December Increase Is on Track

https://www.nytimes.com/2018/11/08/us/politics/fed-midterm-elections.html

Rules Would Make Monetary Policy More Transparent, Independent

https://www.mercatus.org/bridge/commentary/rules-would-make-monetary-policy-more-transparent-independent

Jay Powell’s Fed and the Right Monetary Policy Rule

https://www.mercatus.org/bridge/commentary/jay-powell’s-fed-and-right-monetary-policy-rule

My own perspective on the topic:
http://www.ut.edu/uploadedFiles/Academics/Business/Centers_and_Insititutes/Winter%202016.pdf