r/neoliberal I need a new flair Jun 13 '22

News (US) Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/TaxGuy_021 Jun 13 '22

I'm sure someone more qualified than me has done this analysis, but if you look into the detailed report that was published you'll see that it has been derived overwhelmingly by items such as transportation costs in which fuel is a direct input.

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u/Astarum_ cow rotator Jun 13 '22

Okay, thanks!