Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
#7

(13-05-2022, 11:16 AM)lvlrsSTI Wrote:  Oil price hike is caused by Biden’s sanction against Russian oil & gas. He failed to realize sanction will also hurt the U.S. oil price, it’s two way street.

Trump started trade war against China but failed badly as the tariffs imposed are paid by the U.S. importers, now Biden wants to remove to fight high inflation. What a failure!

Now the U.S. imposed sanctions on Russian oil & gas, which quickly bites into the U.S. economy cause price hike not only globally but also in the US soil, another failure.
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