Federal Reserve: Inflation isn't under control yet, but employment has collapsed—cut interest rates first, then deal with inflation later? Wait until employment improves before tackling inflation? I'm familiar with this script.

CoinWorld News, Northwestern Mutual Wealth Management's Chief Investment Officer Brent Schutte stated that today's inflation data almost cannot change one fact: the Federal Reserve is facing significant difficulties in the final stages of tackling inflation. Over the past few years, the inflation rate has remained persistently above the 2% target, with little to no improvement. Nevertheless, the weak labor market has provided the Fed with an excuse to cut interest rates. As the labor market gradually recovers, investors have reason to consider: does the Federal Reserve need to refocus on genuinely achieving its inflation goals?