The Fed’s oil price challenge


by AEI on Jun 18, 2014 | Views: 36 | Score: 0
Sources: aei-ideas.org
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AEI
AEI on Jun 17, 2014 6:07 PM said:

A sustained increase in international oil prices could have a meaningful impact on both US and global economic growth and inflation. A sustained $10/barrel increase in international oil prices could reduce both US and global economic growth by around 0.2 percent and increase inflation by around 0.3 percent in one year.