So why has the Fed apparently put the stated goal of two-percent price inflation on the back burner? The realities of deficit spending mean the Fed can’t afford, politically speaking, to focus on price inflation right now. Given the runaway annual deficits and the federal debt, the Fed must turn its attention to doing what it has always done since its creation: intervene in debt markets to prevent interest rates on Federal debt from getting out of hand. It is clear the Fed already has its work cut out for it in this regard. Since September, yields on Treasurys have repeatedly increased, even as the Fed has tried to reduce interest rates. Meanwhile, the Federal government is barreling toward an annual deficit of at least three trillion dollars. History has shown that, in spite of the myth of Fed independence, the Fed is actually a very reliable partner of the Treasury Department when the Treasury “asks” the Fed to focus on pushing down interest rates in the interests of debt management. The Fed has repeatedly done this during wartime, and did it during the 1970s. The Fed’s sudden about face on interest rates since September reflects this political reality.

The Fed should give up with the lies and obfuscation that it does and just admit it is one of the engines of inflation. In fact, it is the only engine of inflation at this point because it is the only organization that can “print” money with their digital press. The reason they do this is because this is the only way to take money from the vast majority of people to give it to THEMSELVES. Thieves gotta steal.

Back to econ again?
I like when you use this territory more than sports lol
"This contradicts months of claims from Jerome Powell and other Federal Reserve mouthpieces who have insisted that price inflation was rapidly returning to the Fed’s two-percent price inflation goal. This was key for the Fed’s attempts to justify the FOMC’s jumbo 50-basis-point cut to the federal funds rate in September."
Do you really think the mouthpiece has anything important to say?
They will never be able to justify the inflation, because they are just finding ways to keep inflating.
Everything they say is just to pull the wool over your eyes.

Inflation is crazy and I find it surprising to know that there are people who still believe in these figures when inflation is seen everywhere, they have nothing to say but to press the print button.

They just keep pumping it up like we have endless cash

Who would have thought. Fasten your seatbelt, grab your popcorn, the upcoming months will be fun!