11. HEADLINE: The Impact of War and Oil Shocks on Global Interest Rates GUEST: John Cochrane SUMMARY: Professor John Cochrane explains how oil shocks and inflation fears drive up long-term bond rates. He warns that bad policy responses, like price caps, c

11. HEADLINE: The Impact of War and Oil Shocks on Global Interest Rates GUEST:John Cochrane SUMMARY: Professor John Cochrane explains how oil shocks and inflation fears drive up long-term bond rates. He warns that bad policy responses, like price caps, can turn price shocks into sustained inflation. (11)
1935 AL LISAFAH