Two Federal Reserve officials warn that inflation is in a serious situation, and it has remained above target for five straight years
Gate News message: On April 7, Federal Reserve officials Hamek and Goolsby warned that the inflation situation is severe and could even get worse. The two officials believe that the inflation problem is more serious than the job market, implying support for tightening monetary policy. In an interview, Goolsby rated the inflation outlook as "orange," while Hamek said that inflation has been above its target level for five consecutive years, and that the current situation is "absolutely a more vivid, brighter orange."
GateNews·1h ago
