Use these articles or any recent newspaper article

https://www.idahostatejournal.com/business_journal/commentary/the-fisher-effect-understanding-the-impact-of-inflation-on-interest-rates/article_cc309602-a578-5b6d-b499-d3ccca9274b1.html

https://research.stlouisfed.org/publications/economic-synopses/2020/05/20/is-the-covid-19-pandemic-a-supply-or-a-demand-shock

https://www.chicagobooth.edu/review/how-covid-19-shocked-both-supply-demand

Recent news articles highlight that the inflation is currently elevated due to 'cost-push' shocks. How does the macroeconomic variables respond to a cost push shock of this size? Describe the role of monetary policy in shaping the response of the economy to a cost-push shock? Is the current inflation only due to cost push or the high inflation is due to strong aggregate demand instead?