Not sure if you don't know the difference between say and said or that inflation is measured as a yearly rate and not aggregate. Maybe a language barrier issue. 2019 and 2020 inflation was under 2% (target) each year. I agree with Elizabeth Warren and most other observers that they were late to raise interest rates. But they did start raising interest rates in early 2022 (but later and slower than they should have -- peaked early 2023). Regardless, have a great day!