Should US interest rates be even higher? This rule says yes

A simple rule suggests US interest rates should be higher than they are today. Yet the Federal Reserve is standing still. That gap between theory and reality is becoming one of the more interesting tensions in global markets and one that could shape the next move in the US Dollar.  A simple rule suggests US interest rates should… A simple rule suggests US interest rates should be higher than they are today. Yet the Federal Reserve is standing still. That gap between theory and reality is becoming one of the more interesting tensions in global markets and one that could shape the next move in the US Dollar.  A simple rule suggests US interest rates should be higher than they are today. Yet the Federal Reserve is standing still. That gap between theory and reality is becoming one of the more interesting tensions in global markets and one that could shape the next move in the US Dollar. The Taylor Rule: Built for moments like thisThe Taylor Rule is one of the most widely known guides to monetary policy.… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.