Two Federal Reserve officials emphasized on Saturday that the Federal Reserve must complete the fight against the sharp rise in prices following the pandemic and achieve the 2% inflation target. Mary Daly, President of the San Francisco Federal Reserve Bank, stated during a panel discussion that although significant progress has been made in reducing price pressures over the past two years, the inflation rate remains "alarmingly high" above our target. Federal Reserve Governor Adriana Kugler echoed this viewpoint at an event hosted by the American Economic Association in San Francisco. "Clearly, our work is not yet done," she said. "We have not yet reached 2%, so our goal is certainly to get there, and we know the work is not finished."