Slower growth could help ease inflationary but risk recession. Plus, there are few plans to build oil refineries despite high profit margins.
Economists downgrading their economic forecasts may help “vanquish this inflation monster,” argues Axios correspondent Neil Irwin.
Tariffs won’t go away altogether. Some reduction could impact prices, but not immediately.
“Crack spreads” are higher than ever. But investors aren’t interested in dumping money into fossil fuel expansion.
Dozens of cities are under lockdown or COVID-19 restrictions, and that is affecting businesses across China.
Until the ECB became the first major central bank to try it, making interest rates negative seemed like defying economic gravity.
“One of the students in the class was making, you know, up to $6,000 to $7,000 a month from her TikTok videos,” says Bloomberg report Claire Ballentine.
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