Our readingWhat is a korrent?
Central banks should not raise interest rates to counter temporary supply shocks that will fade on their own.
Drawn from what Claudia Sahm said
Our readingWhat is a korrent?
Drawn from what Claudia Sahm said
Shocks like these raise prices for a time, not forever, so raising rates against them risks unnecessary pain, cutting demand to fight inflation that would fade on its own.
Where this was said
↗Something is shifting in the inflation picturestayathomemacro.substack.com
All 3 korrents from this piecethis one is 1st
Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us
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