Khalif: American inflation expectations depend on the Strait of Hormuz and Bab al-Mandab

Khalif: American inflation expectations depend on the Strait of Hormuz and Bab al-Mandab

🔹 Chairman of the State Council Salmi wrote on his X user account: Inflationary expectations in America cannot be managed (anchored) by raising and lowering interest rates, because these expectations are affected by the shock on the supply side caused by the blocking of the energy bottlenecks, i.e. the Strait of Hormuz and the interest rate in Ab al-Manda are not related to the interest rate and the interest rate in Ab al-Manda.