Federal Reserve official Hamak recently stated, “The Federal Reserve must raise interest rates now because the current policy is not restrictive, and inflation has risen recently due to shocks. Too fast growth could put additional pressure on prices. Interest rate hikes may be painful, but don't let economic growth and investment go too fast to overheat the economy. Today's inflation is widespread and is not limited to certain industries. The Federal Reserve must be responsible for the inflation data, which is very important.”

Federal Reserve official Hamak recently stated, “The Federal Reserve must raise interest rates now because the current policy is not restrictive, and inflation has risen recently due to shocks. Too fast growth could put additional pressure on prices. Interest rate hikes may be painful, but don't let economic growth and investment go too fast to overheat the economy. Today's inflation is widespread and is not limited to certain industries. The Federal Reserve must be responsible for the inflation data, which is very important.”