(Bloomberg Opinion) — With inflation in the US at a 40-year high of 7.9%, the Federal Reserve has finally begun tightening monetary policy, with a small initial hike in interest rates and promise that more will follow. Bringing inflation back under control won’t be easy — and the Fed shouldn’t be asked to do it all alone.

This post How Biden Can Help the Fed Fight Inflation?

was original published at “https://www.bloombergquint.com/gadfly/biden-can-use-oil-reserves-to-help-the-fed-fight-inflation”