Surveillance: US Oil Reserves
Bloomberg Surveillance
00:00
Is This a New Structural Regime for Inflation?
Phil Carrey: I think we won't know whether we are going to something new until after the fact. We do grapple with is this a new structural regime for inflation? Exactly. To your question, does inflation stay around 3, 4%? And we don't know that. So you could have theories that de-globalization and what not is going to keep inflation high forever. But for the moment, I haven't seen enough evidence that there's been any sort of break in the way things function"
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