Subject
Oil prices > inflation rate
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You get about a 0.15% increase in the inflation rate if you have a 10% rise in oil prices in the first year. But by the second year, that's roughly quadrupled. The effect on inflation is more like 0.6% for every 10% shift in the underlying oil price.

“You get about a 0.15% increase in the inflation rate if you have a 10% rise in oil prices in the first year. But by the second year, that's roughly quadrupled. The effect on inflation is more like 0.6% for every 10% shift in the underlying oil price.”
37m43s• 2.5K views • 2 weeks ago
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