CoinWorld News: Brian Jacobsen, chief economist at annex wealth management in Menomonee Falls, Wisconsin, said that it’s not surprising to see differences within the Federal Reserve, but it’s surprising how clearly those differences are on display. He noted that if Powell’s last meeting was already like this, just imagine how loud the opposing voices would be under Wosh’s leadership. The wording on persistently high inflation shows unmistakable hawkish signs everywhere. Persistent high inflation is not solely due to rising energy prices—which suggests some Federal Reserve officials believe that raising interest rates might address the inflation problem, even if it means paying a price in the labor market.