In a wide variety of circumstances, a sensible monetary response to a demand shock would look much the same for an FIT central bank as for a central bank following the Taylor rule. One distinction is that the Taylor rule does not require the central bank to announce a formal inflation target.
The Bank of Namibia looks forward to the continued co-operation and good working relationship between our two Central Banks; as together we can make our countries better, together we will be stronger and together our countries will continue to prosper. OBRIGADO! 2  BIS central bankers’ speeches