Central bankers are pushing back against the ‘War? Sh!’ strategy — why look-through may no longer be a good idea

Federal Reserve governor Chris Waller on Friday cast serious doubt on the textbook look-through strategy to handle the Iran War-induced inflationary pressure — or what we fashionably called the "War? Sh~" strategy. And he is not the only central banker who has expressed reservations. Central bankers are pushing back against the ‘War? Sh!’ strategy — why look-through may no longer be a good idea was first published on EconReporter on May 26, 2026