Tight Policy, Limited Inflation Pass-through
1:27–2:14 · 47s
Seth outlines how restrictive monetary policy amplifies the oil shock’s drag on spending, while noting history shows limited pass-through from energy to core inflation.
1:27–2:14 · 47s
Seth outlines how restrictive monetary policy amplifies the oil shock’s drag on spending, while noting history shows limited pass-through from energy to core inflation.
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