Time to Act - Fed is Behind the Curve

December prices rise 7 percent, compared to a year ago, as 2021 inflation reaches highest in 40 years
https://www.washingtonpost.com/business/2022/01/12/december-cpi-inflation/
Related: https://www.washingtonpost.com/business/2022/inflation-charts/
 
The experts are finally grasping the real reason for inflation. Now, it’s time to act.
https://www.washingtonpost.com/opinions/2022/01/12/experts-are-finally-grasping-real-reason-inflation-now-its-time-act/
 
Jerome Powell Pitches Benevolent Interest-Rate Hikes Again
https://www.bloomberg.com/opinion/articles/2022-01-11/jerome-powell-pitches-benevolent-interest-rate-hikes-again