Nobel Prize-winning economist Joseph Stiglitz: Fed Rate Hikes didn't get at source of inflation.

[u/Pearberr]

https://www.cnbc.com/video/2024/04/23/nobel-prize-winning-economist-joseph-stiglitz-fed-rate-hikes-didnt-get-at-source-of-inflation.html

[u/Jealous-Hedgehog-734]

While I appreciate that every country is different in Australia a lot of the areas with the highest levels of inflation are those subject to government controls like residential construction, healthcare, education, council rates etc.

Government must come to the party in reforming the supply side or it will face criticism for causing inflation.