Fed Gov. Stephen Miran on oil prices amid US-Iran conflict

Oil's gone up a bit, but the major question is does oil stay up or does it come back down. And that of course will depend on how on how things play out. But even that said, even if oil stays at these types of levels, to me it's difficult to get a lot of read through as a result of that.Sure, oil will will feed into headline inflation, but the evidence that it feeds into core inflation in any sort of material way unless there's a huge move in oil prices, I think is quite limited. So it's difficult for me to ...