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Surveillance: Red Hot Inflation (Podcast)

Bloomberg Surveillance

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Is the Fed Going to Push This as Far as Needed?

The fed can only raise rates and tap down the demand side in terms of price pressures, but it cannot control the supply. Lindsay: In order to get to that optimistic level of four % by the end of the year, or nearer two %, we will have to see vast improvement in international factors. How far do you think this fet is going to push this? Well, according to a federal reserve chairman, drome powell, he is willing to push this as far as needed,. Even that means a marked decline in domestic activity in order to get inflation under control.

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