Two Federal Reserve officials warn that inflation is in a serious situation, and it has remained above target for five straight years

GateNews

2026-04-07 00:11:34

Gate News message. On April 7, Federal Reserve officials Hamarik and Goolsby warned that the inflation outlook is serious and could even get worse. The two officials believe the inflation problem is more severe than the job market, implying support for tightening monetary policy. In an interview, Goolsby rated the inflation outlook as “orange,” while Hamarik noted that inflation has been above the target level for five consecutive years, and that the current situation is “absolutely a more vivid, brighter orange.”

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