I'm wondering if they are going to bite the bullet and raise like Volcker.
But again I realized that I actually do not understand the source of inflation and how much contribution each source has. We all know that the war, Covid and monetary policy are three sources but are there other structural sources? What about the trade quarrel between US and China? How much does it hurt for each industry?
I should read some papers and talk to people in different industries to get some ideas.
But again I realized that I actually do not understand the source of inflation and how much contribution each source has. We all know that the war, Covid and monetary policy are three sources but are there other structural sources? What about the trade quarrel between US and China? How much does it hurt for each industry?
I should read some papers and talk to people in different industries to get some ideas.