Oil Shocks Have Smaller Impact on US Than 1970s, Fed Study Finds
Domestic production of oil has significantly reduced the impact of energy-price shocks on US inflation and unemployment since the 1970s, according to new research from the Federal Reserve Bank of Boston.
Domestic production of oil has significantly reduced the impact of energy-price shocks on US inflation and unemployment since the 1970s, according to new research from the Federal Reserve Bank of Boston.
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