The Fed Is in a Good Position to Lower Inflation

The omens are not great in the sense that and the fed has never before managed to reduce inflation from as lofty a level as it currently is. There's many ways that things could go wrong. The commodity shock because of russia's invasion of ukrane is potentially far from over. As we know things there could still get a lot worse. China is still trying to achieve its a zero covet policy. Number three, the pandemic y is still with us.