Stimulypto! Red-Hot US Inflation Of 6.2% Implies That Fed Funds Target Rate Should Be … 14.94%! (11.10% If We Use Core Inflation)

How insanely overstimulated in the US economy by The Federal Reserve? Today’s red-hot inflation report of 6.2% YoY implies a Fed Funds Target rate of … 14.94%!! According to the Taylor Rule model, The Fed Funds Target rate should be almost 15%.

If we use CORE inflation (that is, CPI less food and energy), The Fed’s Target rate should be “only” 11.10%.

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