Bessent, Fed's Goolsbee divided on role of energy shock in inflation Reuters
Bessent, Fed's Goolsbee divided on role of energy shock in inflation - Reuters
In short
Bessent and Federal Reserve official Austan Goolsbee hold differing views on the role that energy shocks have played in driving inflation. The two figures are divided over the extent to which energy price disruptions have contributed to broader inflationary pressures.
Key points
- Bessent and Federal Reserve official Austan Goolsbee hold differing views on the role tha…: Bessent and Federal Reserve official Austan Goolsbee hold differing views on the role that energy shocks have played in driving inflation.
- The two figures are divided over the extent to which energy price disruptions have contri…: The two figures are divided over the extent to which energy price disruptions have contributed to broader inflationary pressures.