Energy · 5 views
More Drilling Won’t Shield U.S. Consumers From Oil Price Shocks
U.S. consumer prices rose 0.4% in October as the Iran war keeps costs high, and the Chicago Fed’s Goolsbee warns the ‘transitory’ story may not hold.
Energy 
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Summary
Another month, another distressing Consumer Price Index report. As the war in Iran drags on, inflation in the United States is remaining stubbornly high, driven in large part by sky-high food and energy costs.
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