Fed continues to raise interest rates

John Taylor, a famous currency expert, founder of the Taylor Rule, and a professor at Stanford University in the United States, stated that the Federal Reserve needs to further raise interest rates to control excessive inflation.

Taylor believes that if the U.S. returns to a 2% inflation rate, the economy will be healthier, so to what extent should this interest rate be added? He didn't say.
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But according to some well-known strategic analysts, their calculations: the Federal Reserve must raise the federal funds rate to about 8% in order to win the victory of comprehensively controlling inflation. .

If it is really done according to this statement, it will really be a bloodbath for the financial markets of other countries in the world, especially China, because this is a huge siphon effect of capital.