3min chapter

Odd Lots cover image

Neel Kashkari on the Fed's Commitment to Defeating Inflation

Odd Lots

CHAPTER

Is There a Short Term Pain Versus Long Term Gain?

Tracy: I can imagine a situation where everyone starts building out capacity all at once, then that basically just ramps up demand further. And like it seems like that would be particularly problematic for the federal reserve if you're trying to reduce inflation as soon as possible. Theoretically, i agree with you, tracy. I'm not seeing much evidence of that. You now, yo, take the oil sector,. There's been maybe less investment than i would have guessed going in to try to take advantage of these high prices.

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