There’s growing consensus among economist to use commodity prices to drive its decision about whether to raise or cut interest rates – that position has always been considered extreme by moderates. But personally, I feel there are some legitimate arguments about it. But if history is to be dialogued, if we had use commodity prices to address the financial crisis of 2008, it would have gotten much worse because, at that same period, commodity prices were rising aggressively. A real policy takes into consideration current scenarios and what you trying to achieve. At the moment, I would argue that such a policy might work because commodity prices are falling. 

Chucks

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