Oil heading towards $100 may mean the good news on inflation is over. With more bad news on interest rates to come.
cjpeconomics.substack.com
Sep 17 • 34M
Oil heading towards $100 may mean the good news on inflation is over. With more bad news on interest rates to come.
Kim's train, Putin's new friends & falling house prices. And much more!
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Oil heading towards $100 may mean the good news on inflation is over. With more bad news on interest rates to come.
cjpeconomics.substack.com
Appears in this episode
Jim Power & Chris Johns
Economics, political economy and finance in language that might make some sense.
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US inflation rose again last month: is the good news over? The Saudi-Russian alliance seems determined to get oil prices up to $100. That could mean €2+ for a litre or petrol and/or diesel.
Interest rates look to be in 'higher for longer mode'. There is nothing good that flows from $100 oil - other tha…
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