Matthew Warburton
Matthew Warburton
concerned cost decision economists feeds higher impact impacts inflation input interest issue oil prices wider within
Our economists are increasingly concerned about the impact of higher oil prices on the wider input cost issue within the U.S. economy, and how that feeds through into inflation and consequently impacts the Fed's decision on interest rates.
band degree forceful further mechanism october oil price profit releasing statements taking within
We've had some forceful statements from within OPEC. The possibility of OPEC releasing further oil in October under the price band mechanism prompted a degree of profit taking this morning.