Supply Shocks
Coverage of Supply Shocks in the Nexus archive.
- The two types of inflation the Fed can’t control — and how Congress must protect your wallet
The article discusses how permanent supply shocks are increasing grocery and gasoline prices, highlighting that the Federal Reserve cannot control these inflationary pressures. It argues that Congress must take action to protect consumers' financial well-being.
- Fed’s Barkin Says Repeated Supply Shocks Test Inflation Anchor
Federal Reserve Bank of Richmond President Thomas Barkin discusses how repeated supply shocks are challenging the Fed's inflation anchor. The commentary suggests ongoing concerns about maintaining price stability amid external economic pressures.
- BOE’s Greene on Iran War Inflation, Rate Hike Expectations
Megan Greene, a Bank of England Monetary Policy Committee member, analyzes the inflationary risks from the Iran War and discusses potential rate hikes, supply shocks, and central bank independence. The article highlights economic implications of geopolitical tensions on UK monetary policy.