is there any reason to try to delay the inflation driven recession? are not all measures just postponing and later on amplifying the inevitable recession?
I think the best way to address Inflation is to reduce money supply and FED has already taken a strong step in this direction by increasing interest rate by 0.25% but is negative for stock market and economic growth. The second reason is sky rocking price of crude oil which has increased inflation all over the world, i am quite sure it will come down if Ukraine issue is resolved and a Nuclear deal is signed between USA and Iran that will will quickly bring down the crude oil price.