The head of the Federal Reserve Bank of Cleveland said she is concerned about inflation and anticipates it remaining an issue for the next couple of years.

“I’m really worried about what’s going on with inflation,” Beth Hammack, the Cleveland Fed’s president and CEO, said during a Monday discussion at the reserve bank.

The inflation rate for nearly the past five years is 3%, when the Fed’s target is 2%, Hammack said.

“I have a lot of concern about the level of inflation and the persistence of inflation,” she said, adding, “My forecast and many other professional forecasts would tell you that we’re likely to see inflation continue to go up so we’re high and we’re running in the wrong direction.”

Hammack said the national unemployment rate of 4.3% is “pretty healthy” and “right around mo

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