Many economists say the Fed has been slow to respond to the problem, which has been fuelled by a mix of factors, including Covid-related supply shortages, a shock to energy markets from the war in Ukraine, and in the US, massive government spending – including direct cheques to households – to support the economy after the pandemic hit.
https://www.bbc.co.uk/news/business-61324482?at_medium=RSS&at_campaign=KARANGA,
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