On the recordMarch 21, 2023
We have degraded the Kremlin's ability to replace more than 9,000 pieces of heavy military equipment that it has lost on the battlefield.
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congress.govWe have degraded the Kremlin's ability to replace more than 9,000 pieces of heavy military equipment that it has lost on the battlefield.
Yellen discusses the impact of U.S. actions on Russia's military capabilities.
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I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
The price cap on Russian oil has significantly reduced Russian revenue over the last 10 months.
The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'