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On oil price shocks and inflation, growth and wage coercion
The Israel-Iran war is now five days old, and the immediate impact is a crude oil price hike. From an average of $61-$62 per barrel from early April to early June 2025, West Texas Intermediate (WTI) crude quickly jumped to $68-$73 per barrel from June 13 onwards.
"A sustained $10 increase in oil prices is expected to increase inflation by 0.4% and lower GDP by 0.4%": Apollo Global ...
Despite high inflation expectations, price pressures have steadily cooled, with May’s CPI at just 2.4%. This suggests public ...
That sent the yield on the 10-year Treasury up to 4.43% from 4.36% late Thursday. Higher yields can tug down on prices for ...
NEW YORK (AP) — Calm is returning to Wall Street, and U.S. stocks are rallying on Monday, while oil prices are giving back ...
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...
1hon MSN
Australians could see petrol prices rise as high as $2.20 a litre, as analysts warn the spike in oil prices fuelled by the ...
Oil prices are leaping, and stocks are weakening on worries that Israel’s attack on Iranian nuclear and military targets ...
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
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