Oil price uncertainty a factor for the Fed - Stevenson

March 21, 2022 NPR Marketplace

The Federal Reserve walks a thin line while trying to stop inflation without stopping growth. Betsey Stevenson, professor of public policy and economics, discussed what they need to consider when deciding which policy levers to pull.

“Are we going to be able to get the oil that we need?" she asked. "Or are global high oil prices going to make it expensive for our businesses to buy?”