Newsfeed: Brace For High Oil Prices, Inflation, And An Economic Slowdown
The global economy had only just begun to recover from the pandemic when Putin decided to invade Ukraine, sending oil prices soaring.
The global economy had only just begun to recover from the pandemic when Putin decided to invade Ukraine, sending oil prices soaring.
One-year U.S. inflation expectations have rocketed higher since Russia’s invasion of Ukraine and the longer-term outlook has begun increasing as well, a development likely to be watched closely by the Federal Reserve as it battles to keep price pressures under control.