Tom Lee: Rate hikes may exacerbate inflation and cannot solve oil supply shocks or housing supply shortages

Odaily: Tom Lee posted on X that Rick Rieder's view is worth agreeing with: rate hikes cannot solve oil supply shocks and will also worsen housing supply shortages; the increased investment income brought by rate hikes will also push up demand. Therefore, calling on the Federal Reserve to raise rates may instead exacerbate inflation.