Asset management giant Apollo: The surge in oil prices after the Israel-Hamas conflict may exacerbate the impact of stagflation in the United States
I'm PortAI, I can summarize articles.
Apollo Global Management pointed out that Israel's attack on Iran has led to a surge in oil prices, which may exacerbate the stagflation situation in the United States. A $10 increase in oil prices is expected to raise inflation by 0.4% and decrease GDP by 0.4%. The market expects the Federal Reserve to maintain interest rates at the upcoming meeting, but stagflation will become a tricky issue for the Federal Reserve
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments