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Surveillance: War in Ukraine with Kimmitt

Bloomberg Surveillance

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Is the Fed Losing Control Over Inflation?

The european economy is going to be most directly hit by this conflict and by the sanctions. An ever increasing oil here is not going to help. It's just lasting longer. And so even if we think it's transitory for a year, it's already gotten into the psyche of consumers and business leaders alicia. What happens in a regime where people basically are saying the fed has lost control over inflation? Right? But we actually think we're here in a range, somewhere between that forty 100 to forty 500 range," she says.

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