
Washington ExaminerSig. 6OpinionEconomyEnergyImmigration
Rate hikes can’t stop drone strikes: Why is the Fed punishing Americans for the Hormuz blockade?
The op-ed argues the Federal Reserve's rate hike will not tame inflation driven by Middle East supply shocks, including Iran-backed attacks and the effective closure of the Strait of Hormuz. It contends tariffs and immigration restrictions also raise prices, so supply-side energy, trade, and immigration fixes are needed instead of higher interest rates. It frames the Fed's move as punishing Americans without producing more oil.










