Fed’s Goolsbee, Hammack: Inflation is flashing ‘orange,’ or worse

Cleveland Federal Reserve President Beth Hammack and Chicago Fed President Austan Goolsbee both see inflation as a far bigger problem than employment, underscoring their support for tighter rather than looser monetary policy as the Iran war puts upward pressure on energy prices and the job market remains stuck in low gear.

See the original article at: Honolulu Star-Advertiser