Why raise rates?

We know at this point most of the inflation is coming from energy given the crisis in Ukraine and supply chain issues.

Raising rates will not stop this.

Let’s say I’m an airline that just took on a ton of debt to survive the pandemic. So my fuel costs are up and now when I need to refinance debt it will be more expensive, that is what will keep a lid on prices? Makes no sense

Here is a radical idea, have the fed short oil instead of buying treasuries.

I’m not really advocating for this, but I’m curious to have this thought experiment