US Inflation Surges To 7.5% YoY, REAL Weekly Wage Growth Falls To -3.1% YoY (Taylor Rule Now Suggests Fed Funds Target Rate Of …18.90%)

https://confoundedinterest.net/2022/02/10/us-inflation-surges-to-7-5-yoy-real-weekly-wage-growth-falls-to-3-1-yoy-taylor-rule-now-suggests-fed-funds-target-rate-of-18-90/ 

At 7.5% CPI, the Taylor Rule suggests that The Federal Reserve should have their target rate be 18.90%.