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High Oil Prices May Push Inflation Lower Over Time

Reported · Written up by our desk · Equity Funds

Rising oil prices are usually seen as an inflation warning. Yet Thornburg Investment Management argues the longer prices stay high, the more likely they are to pull inflation down. Key Takeaways: U.S. households spend about 3-4% of their budgets on energy, but indirect costs widen the hit. Oil shocks in the 1970s and 2008 were [...] The post High Oil Prices May Push Inflation Lower Over Time appeared first on ETF Trends .

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