Rates Must Eclipse 4.0% if Fed is Serious About Killing Inflation

Clearly, the Fed’s task is far from done.

If the Fed is serious about seeking positive real rates, it’s clear that its benchmark rate will need to go beyond those [4%] levels on headline inflation.

By Ven Ram, Bloomberg markets live commentator and reporter

To gauge whether or not the Federal Reserve is approaching the end of its tightening in the current cycle, watch for an increase in real yie…