The cause of Inflation is always manipulation of the money supply.  Supply chains etc react to that, but the cause is 100% manipulation of the money supply every time.
What the Fed is doing now is killing market demand and creating joblessness to bring down the inflation caused by the government.

seantoshi21m

bitcoin

FED rate hike 75 basis point - its highest level since 2008

janetyellen

I'm not sure it matters what the cause is, because many causes of inflation can't be addressed directly or reversed. afaik the thinking goes: Raising interest rates reduces credit in the system -> reduces the amount of money in the system competing for goods -> cools prices. ie it's unlikely this causes inflation to get worse. It definitely wreaks economic havoc though, particularly for sectors/people dependent on cheap credit.