FATT - Are High Oil Prices Or Monetary Policy Tools Fueling Inflation?

• Amid the economic recovery and increased demand for commodities, raw materials, and services, inflation is rising worldwide to the point that some analysts believe it could trigger another global economic crisis.
• However, inflation is not about high demand for products and less supplies, it is also about monetary policy tools, including QE by increasing money supply.
• Inflation could be managed via the most essential tool, which is interest rates controlled by central banks, led by the US Federal Reserve.

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