67 straight months of US inflation above the Fed's 2% target.

Let that sink in. Five and a half years.

Yet people still act surprised when the Fed hints at more hikes. Monetary policy is still too loose. The 2% target isn't a suggestion — it's the mandate.

If you're positioned like rates are going back to zero anytime soon, you might want to rethink that. The Fed has been telling you what's coming. Listen.