Government Support to Cushion High Gas Prices Might Add to Inflation Pressures

Government Support to Cushion High Gas Prices Might Add to Inflation Pressures
Uber driver Zephrin Green fills up at a Sam's Club in Gainesville, Fla., on March 10. Nanette Holt/The Epoch Times
Andrew Moran
Updated:
News Analysis

Energy prices are soaring everywhere, prompting governments to consider support measures to mitigate the financial strain put on consumers’ wallets. But these costly policy tools might add to inflationary pressures and hinder central banks’ tightening efforts, according to one market analyst.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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