Oil price surge could boost inflation

By Staff | April 27, 2015 | Last updated on April 27, 2015
1 min read

Since the oil slump earlier this year, Brent crude futures have risen 45%, reports Reuters.

So, the outlet predicts, “the next challenge for financial markets and policymakers may not be deflation, but [actually] the remarkable surge in oil prices.”

That’s because a rise in prices could boost inflation next year and, as a result, affect monetary policies globally. Read more.

Advisor.ca staff


The staff of Advisor.ca have been covering news for financial advisors since 1998.