Inflation originating in the energy sector can spread to other economic areas, creating broader price pressures that challenge central banks like the Federal Reserve in managing monetary policy.
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Energy inflation reached 28.5% year-over-year in late 2021, with gasoline prices hitting $3.40 per gAdded:
take over in a tumultuous time and we have uh you know, inflation seeping out of the energy industry and moving into other areas. So, the Federal Reserve has got its job cut out for it with the operations that are going on in Iran at the moment uh at
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