The recent surge in oil prices is fuelling concerns about an inflationary resurgence that could upset central bank monetary policy plans. But how worried should investors be?
In this special briefing, our Commodities team explained how the oil market’s supply-demand dynamics are likely to evolve – and the implications for prices – while our Global team walked clients through the inflation and policy implications for developed and emerging economies. The team addressed key issues, including:
- What has driven this latest rise in oil prices;
- The 2024 price outlook;
- How much of a risk higher prices pose to the inflation outlook.