Federal Reserve officials warn that the inflation situation is severe and support tightening monetary policy

According to Jin Shi reports, Federal Reserve officials Harnack and Goolsbee warned that the inflation situation is severe and may even be worse. They believe that the inflation issue is more serious than the employment market, suggesting support for tightening monetary policy. Goolsbee rated the inflation outlook as "orange" in an interview, while Harnack pointed out that inflation has been above target levels for five consecutive years, and the current situation is "definitely a brighter and more vivid orange."

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