US inflation will surge to 4.2% on [oil price] shock, warns OECD

27 points
1/21/1970
18 hours ago
by alecco

Comments


alecco

https://archive.ph/qL0dp

Middle East war to push American price growth to ‘highest in G7’

The Middle East crisis will fuel a surge in US inflation to 4.2 per cent this year, the highest in the G7, according to an OECD forecast that highlights the cost of the US-Israeli war with Iran.

18 hours ago

bigbadfeline

Inflation makes the very rich even richer and more powerful, that warning is good news to them.

10 hours ago