Fed Criticized for Being 'Stuck in 2022' Amid Inflation Concerns

A US congressman has criticized the Federal Reserve for operating in a way that he believes is outdated and not aligned with current economic conditions.

Congressman Andy Ogles argued during an interview that the Fed is 'stuck in 2022' and still operates according to ways established under President Biden's administration. He suggested that this may be contributing to the country's economic woes, including inflation.

Ogles specifically mentioned that the Fed's actions are not keeping pace with the current economic climate, which he believes requires more drastic measures to address rising prices and job market issues.