Fed's shift to ‘inclusive' employment goal may be to blame for rising inflation: economists

1. Fed's inclusive employment policy linked to persistent inflation rises. 2. Inflation hit 9.1% in 2022, highest since 1981, affecting economic stability. 3. Fed's focus on maximum employment over inflation control is questioned. 4. Fed Chair Powell defended strategy, stating no preemptive rate hikes warranted. 5. Economists argue policy shift aggravated economic volatility and inflation pressure.