The Federal Reserve's Tweaker Rule

The tailor rule was developed with the idea that over long periods of time, a monetary rule would help the fed in containing inflation and bring it back to two % level. When taylor did it, he thought that you should always set the real rate, then, real rate at two%. I think that that was too high. I think the neutral real rate is probably closer to zero. And if you set the tailor rule like that on the bloomburg terminal,  you can put c p i inflation,. You can put the one that the fed follows corp e. when you use cor pc e right now, it is calling for a fed funds rate of something like eight point two