Elmer Fed? US PCE Price Growth Hits 5.2%, Highest Since Mid-1983 (Taylor Rule Suggests Target Rate of 13.35%)

 https://confoundedinterest.net/2022/02/25/elmer-fed-us-pce-price-growth-hits-5-2-highest-since-mid-1983-taylor-rule-suggests-target-rate-of-13-35/

With CPI inflation at 7.5% YoY, the Taylor Rule suggests a Fed Funds target rate of 13.35%, higher than the current rate of 0.25%. Overstimulated much??