The Fed Has Not Been This Far "Behind The Curve" In 40 Years | Zero Hedge

The Fed Has Not Been This Far "Behind The Curve" In 40 Years http://ift.tt/2lJ0sq1 The Fed has not been this far "behind the curve" since 1977 . According to the 'rules-based' Taylor Rule, which calculates an appropriate Fed Funds level based on inflation and employment relationships, The Fed is over
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