Prediction: Inflation Data Will Re-Take Center Stage After This Oil Spike

Prediction: Inflation Data Will Re-Take Center Stage After This Oil Spike

Key PointsU.S. consumers have been facing rising costs and tightening their budgets in response.The geopolitical conflict in the Middle East has the world's attention, but the fallout could make inflation issues worse.10 stocks we like better than Walmart › One thing investors need to keep in mind when investing in the energy sector is that oil prices are highly volatile. While the current geopolitical situation in the Middle East is newsworthy,…

CBSI Monitors Inflation Risk Amid Middle East Oil Price Surge

CBSI warns rising global oil prices from Middle East conflict could push domestic fuel costs higher, increasing imported and headline inflation in Solomon Islands. Honiara – THE Central Bank of Solomon Islands (CBSI) is closely monitoring recent developments in the Middle East, where military strikes by US and Israel on Iran on 28th February have triggered a sharp rise in global oil prices. Brent crude oil, which was trading at around USD70 per …