Skip to main content

CPI, PPI

As previously discussed, with oil prices coming down the inflation problem ends. (The month to month change in CPI was 0) And what happens next depends on what oil prices do next. I suspect they go a lot higher as Saudi OSPs remain elevated and speculative long positions taken on when the war in Ukraine […] The post CPI, PPI appeared first on Mosler Economics / Modern Monetary Theory .
As previously discussed, with oil prices coming down the inflation problem ends.(The month to month change in CPI was 0)And what happens next depends on what oil prices do next.I suspect they go a lot higher as Saudi OSPs remain elevated and speculative long positions taken on when the war in Ukraine started seem to have been sold in anticipation of recession. And while refining margins are down from the highs, they remain elevated, indicating refiners, the only buyers of crude oil, are continuing to run flat out.

Share

The post CPI, PPI appeared first on Mosler Economics / Modern Monetary Theory.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.