That's just not true at all. They have correctly observed that tight labor is contributing to inflation and fighting inflation could lead to higher unemployment

That's just not true at all. They have correctly observed that tight labor is contributing to inflation and fighting inflation could lead to higher unemployment. That's just nature taking it's course. Unemployment is absolutely rock bottom right now and the current regime of tightening has not put a dent in it. The Fed could not possibly be getting any clearer signal that they are doing the right thing now.