Greenspan’s Legacy Meets Supply Shock Reality: Fed, Oil, and Inflation Risks

Rachel Ziemba examines Alan Greenspan’s legacy and the Fed’s current policy challenges in a supply shock-driven environment. She highlights the impact of fiscal spending, the disconnect between oil prices and rising rate expectations, and persistent inflation pressures. Ziemba also warns of volatility ahead in the oil market, with U.S. negotiations and Iranian oil waivers adding further uncertainty.

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