Oil’s surge back above $100 fuels fresh inflation fears at a crucial time for interest rates
Oil prices rose above $100 a barrel on Wednesday for the first time in seven weeks, reviving concerns about global energy supply disruptions and a fresh inflationary shock just as major central banks prepare to make key interest-rate decisions later this month.
Oil prices rose above $100 a barrel on Wednesday for the first time in seven weeks, reviving concerns about global energy supply disruptions and a fresh inflationary shock just as major central banks prepare to make key interest-rate decisions later this month. This story matters for Finance & Markets readers tracking lending. Reported by marketwatch.com. Read the full original at the source link below.
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