Brent Schutte: The Federal Reserve faces difficulties in the final stage of fighting inflation

Brent Schutte, Chief Investment Officer of Northwest Mutual Wealth Management, stated that the inflation data reflects the difficulties faced by the Federal Reserve in the final stage of its fight against inflation. Over the past few years, the inflation rate has remained above the target of 0.02 with little progress, and the weak labor market has provided an excuse for the Fed to cut interest rates.