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Natasha Sarin
Yale Law School / The Budget Lab (president, co-founder)
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She notes the backward-looking data 'are not actually capturing a bunch of what is happening with respect to the conflict in Iran' @0:53, with inflation 'in the mid threes' @0:24 and the labor market 'doing pretty well' @0:34.
“or I suspect upward pressure on oil prices and gas prices is gonna continue in the next few weeks.”
WTI crude since this was said: ▲ +4.5% · 78.95 → 82.49 · as of 2026-07-17
'I so agree with Joe. And I actually think another person who agrees with Joe is Kevin Warsh' @3:02, citing Warsh's testimony that inflation is his focus; she adds tariffs 'have been inflationary' @4:21 and inflation hasn't been near 2% 'essentially since the post pandemic period' @4:12.
“And I think it's sort of difficult to make the case that we're not in an environment where the question is, when will the Fed hike, not will the Fed hike?”
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