$PI Gate News reports that on March 8, Wall Street Journal reporter Nick Timiraos (known as the "Fed Whisperer") published an analysis stating that the employment report released on Friday has further intensified the Fed's dilemma between fighting inflation and protecting jobs. Timiraos quoted a warning from Neel Kashkari, President of the Minneapolis Fed, who suggested that the current international situation may be turning into a "copycat" of the Russia-Ukraine conflict, and warned the Fed not to repeat the mistake of deeming inflation as temporary in 2021. Kashkari has voting rights at this year's FOMC meetings. Regarding the Fed's next policy move, Timiraos believes that currently, Fed officials may just wait and see. He pointed out that Fed Chair Jerome Powell urged rate cuts three times at the end of last year, but each time sparked increasing controversy within the 12-member FOMC rate decision committee. Officials have made it clear that they are not in a rush to adjust interest rates at this month's later meeting, and even worrying data from the past month is unlikely to shake this stance. Timiraos further analyzed that if the unemployment rate continues to rise in the coming months, the Fed might restart rate cuts by mid-year; however, if inflation data rises again before then, internal resistance will significantly increase. He summarized that a central bank facing both weakening employment and reignited inflation risks "has almost no good options."